What is meant by absolute advantages and comparative, Ask an Expert

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What is meant by absolute advantages and comparative advantages? What are the differences between the two? Choose a country and then consider what that country produces where they would have an absolute advantage over the United States. Also consider what product the United States may have an absolute advantage in that would allow trade between these two countries. Do the same for comparative advantages. Please make responce 150 words minimum.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9450708

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