Examlex

Solved

The Difference Between Absolute and Comparative Advantages Is That Absolute

question 187

Short Answer

The difference between absolute and comparative advantages is that absolute advantage is relative to ________, while comparative advantage is relative to ________.
other nations; activity inside the country
similar industries; dissimilar industries
similar products; dissimilar products
activity inside the country; other nations
dissimilar products; similar products


Definitions:

Related Questions