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Business, 24.11.2020 23:50, helloitschump0vfdz
*ECONOMICS* Which situation best illustrates the concept of absolute advantage?
A. A factory in Vietnam can produce more shoes than other
countries.
B. The total value of U. S. exports is lower than the value of the
country's imports.
C. A software company is forced to increase its prices to pay for
rising labor costs.
D. A restaurant buys its ingredients from nearby farms to help the
local economy
![answer](/tpl/images/cats/otvet.png)
Answers: 2
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Do you know the correct answer?
*ECONOMICS* Which situation best illustrates the concept of absolute advantage?
A. A factory in Vie...
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