A country that makes a product more inexpensively and efficiently than another country has

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Business

Guest

3 June, 22:59

A country that makes a product more inexpensively and efficiently than another country has

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Lana Lawrence · Answer 1

A country that makes a product more inexpensively and efficiently than another country has an Absolute Advantage.

Example of an absolute advantage is Kuwait. Since the country have a really huge amount of oil, they can easily produced it compared to another country, making them have an absolute advantage in that product