The ability of a country to produce or supply goods or services at a lower cost than other countries or to possess resources or unique services that are unavailable elsewhere is a:

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The concept of comparative advantage states that a country should focus on producing and exporting goods and services that it can produce at a lower opportunity cost than other countries. This allows countries to increase their efficiency and productivity, resulting in lower costs and higher profits. Therefore, the ability of a country to produce or supply goods or services at a lower cost than other countries is a comparative advantage.

The Ability of a Country to Produce or Supply Goods