Examlex
Why are questions of "national identity" important in the US?
Comparative Advantage
The ability of an individual or country to produce a particular good at a lower opportunity cost than another.
Absolute Advantage
The ability of a party to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources.
Donuts
A type of fried dough confection or dessert food, often sweetened or glazed.
Comparative Advantage
The skillfulness of an individual or team in performing a particular economic function more proficiently than another task.