The absolute advantage form of competitive advantage means
that a country does not belong to any free trade agreements.
that a country can produce everything better or more cheaply than any other country.
that a country can produce some products better or more cheaply than it can others.
that a country is the sole supplier of a product or service.
that a country can produce something better or more cheaply than any other country.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q10: Susie lives in Vancouver and has noticed
Q11: According to the World Bank, _ is
Q12: According to the World Bank, high income
Q13: The country that has economically dominated Western
Q14: The major reasons why Mexico has recently
Q16: Farmer Sal grows strawberries. The berries are
Q17: The comparative advantage form of competitive advantage
Q18: Which of the following is correct with
Q19: Which of the following constitutes the best
Q20: According to the World Bank, _ are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents