_____ advantage exists when one country can produce more of a good than another country.

Name: _____ advantage exists when one country can produce more of a good than another country.
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Absolute advantage exists when one country can produce more of a good than another country. This means that the country can produce the good more efficiently and using fewer resources than the other country. This gives the country with the absolute advantage a competitive edge in the global market.

_____ Advantage Exists When One Country Can Produce More of a Good