Which of the following refers to the ability of a nation to produce a good more efficiently than any other nation?

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Absolute advantage refers to a nation's ability to produce a good or service more efficiently than any other nation. This concept was introduced by economist Adam Smith in his book "The Wealth of Nations." Comparative advantage, on the other hand, refers to a nation's ability to produce a good at a lower opportunity cost than another nation. Mercantilism is an economic theory that emphasizes the importance of accumulating wealth through exports and discouraging imports, while a zero-sum game is a situation in which one person's gain is another person's loss.

Which of the Following Refers to the Ability of a Nation