Unless a country's absolute advantage is based on some limited natural resource,it seldom lasts.

Name: Unless a country's absolute advantage is based on some limited natural resource,it seldom lasts.
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Question

Quizplus · Accepted Answer

Absolute advantage can change over time due to factors like technological advancements, changes in labor skills, or shifts in economic policies, making it seldom lasting unless it's based on a unique, limited natural resource that other countries cannot replicate or acquire.

Unless a Country's Absolute Advantage Is Based on Some Limited