Flashcard sets with a 'absolute advantage' term meaning 'when each of two producers can produce a different good or service more efficiently than can the other producer, each of the producers has an absolute advantage in the good or service that he produces most efficiently.'

SEARCH

See other definitions of term:absolute advantage

1-1 of 1Flashcard sets with a 'absolute advantage' term meaning 'when each of two producers can produce a different good or service more efficiently than can the other producer, each of the producers has an absolute advantage in the good or service that he produces most efficiently.'
# Title Terms Date
1Finalby Blastoise44 termsJune 2, 2009
Get rid of ads on Quizlet
Groups 0Definitions 0

No groups found.

No definitions found.