_______ is a situation in which one country is more efficient at producing a product than any other country.

Question

Quizplus · Accepted Answer

Absolute advantage refers to a situation in which a country can produce a product more efficiently than any other country. This occurs when a country has access to better resources, technology, or specialized skills that allow it to produce a product at a lower cost and/or higher quality than other countries.

_______ Is a Situation in Which One Country Is More