Which of the following is an example of absolute advantage? (1 point)
when a country has a quantity of surplus which allows them to offer the most competitive price in the global market
• when an economy has the highest military budget
• when an economy has a higher GDP than another economy
• an economy that relies the least on imported goods
1 answer
when a country has a quantity of surplus which allows them to offer the most competitive price in the global market
1 answer