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olya-2409 [2.1K]
3 years ago
8

Collect Data

English
1 answer:
DIA [1.3K]3 years ago
3 0
                                         Developing                              Developed              
              United States     Country A     Country B         Country C   Country D
Corn             2                             6                8                             2                   4
Citrus           4                           10              10                             6                   8
Apparel        2                            4                 6                             2                   2
Computer Software
                     4                           12                 8                             8                   4

An absolute advantage occurs when a country requires less resources to produce high number of outputs than other countries.

Looking at the table of data, the United States has absolute advantage over all other countries. It produces more at lesser time. 

The United States also has comparative advantages over other countries because each product they produce cost them less than what other countries spend in producing the same product.



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