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3 November, 12:58

A country that can produce a good more efficiently than another country has with the same number of resources has the an import advantage. an export advantage. a comparative advantage. an absolute advantage.

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  1. 3 November, 13:32
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    When analyzing the efficiency at which a good is produced, a country that is more capable and efficient at creating that good with the same resources as their counterparts, is found to have a strong comparative advantage in the production of this good, due to their ability to manufacture it more effectively.
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