Question

In the context of trade Absolute Advantage is
Group of answer choices

when one country is more politically powerful so can have all it wants

when one country has more factories than it's trading partners

when one country can produce everything it needs without help

when one country has the ability to produce more of a product using the same amount of resources.

Answers

GPT 3.5
when one country has the ability to produce more of a product using the same amount of resources.

Related Questions