Ask Question
27 May, 15:32

Having an absolute disadvantage in all products means that a country:

+2
Answers (1)
  1. 27 May, 17:34
    0
    In one unit of time, that country cannot produce more of any product than the competing country.

    Let Country 1 (C1) produce either 1 of product X or 1 of product Y in 1 day.

    Let Country 2 (C2) produce either 2 or product X or 2 of product Y in 1 day.

    C1 has the absolute disadvantage in both products because it cannot produce more than C2 in either product at the end of the day.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Having an absolute disadvantage in all products means that a country: ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers