Examples of true absolute advantage are rare.

Name: Examples of true absolute advantage are rare.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

True absolute advantage means that one country or individual can produce more of a good or service using the same amount of resources as another country or individual. Examples of true absolute advantage are rare because most countries have different resources and abilities, which means they may have a comparative advantage in one product but not in another.

Examples of True Absolute Advantage Are Rare