The only deposits of a rare and sought after mineral known as Yuksporite are found in Russi A.Since no other nation has deposits of Yuksporite,Russia has an)__________ in this mineral.
A)protected advantage
B)diversified benefit
C)absolute advantage
D)relative internal benefit

Question

Quizplus · Accepted Answer

Absolute advantage refers to a situation where one country has complete control over the production of a particular good or service. In this case, Russia is the only country with deposits of Yuksporite, giving it an absolute advantage in the production and sale of this mineral.

The Only Deposits of a Rare and Sought After Mineral