History
History, 08.10.2019 10:30, kenziewinkler7510

What is absolute advantage as it relates to international trade

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SAT, 24.06.2019 08:30, braphi5609
Which of these international trade concepts results in specialization and trade increases in total world output? a) absolute advantage b) balance of payments c) absolute advantage d) international tariffs
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History, 01.07.2019 12:30, fnaffan
With regards to international trade, which economic concept has the most importance on a country's specialization and trade? a) absolute advantage b) political history c) cultural preference d) comparative advantage
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Social Studies, 15.07.2019 16:30, zionlopez543
Which of the following is an accurate definition of absolute advantage as it relates to international trade? a. having absolute advantage means that one nation can produce a good or service more efficiently than anyone else. b. absolute advantage in terms of international trade refers to the nation with the highest overall balance of payments statement. c. absolute advantage is when a nation can produce a good or service at a lower opportunity cost than any other nation. d. having absolute advantage means that one nation can finance all other nations' deficits without falling into debt.
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Business, 16.10.2019 12:30, dhruvi62
In regards to international trade, which economic concept has the most importance on a country's specialization and trade? a) absolute advantage b) political history c) cultural preference d) comparative advantage
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