________: when one nation can produce goods more cheaply than another nation.

Fill in the blank(s) with the appropriate word(s).


Absolute advantage

Trades & Technology

You might also like to view...

What is the difference between bid shopping and bid peddling?

What will be an ideal response?

Trades & Technology

Two colors that are found opposite each other on a color wheel are called what?

intense B. out of gamut C. compounded D. complementary

Trades & Technology

List three considerations in selecting breeding animals

What will be an ideal response?

Trades & Technology

The three motors used in the HSD system are DC synchronous motors.

Answer the following statement true (T) or false (F)

Trades & Technology