In the context of international markets, industries in areas where their country has an absolute advantage tend to be more successful than industries in areas where their nation has a comparative advantage.

Question

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Industries in areas where a country has a comparative advantage are typically more successful in international markets because they can produce a good or service at a lower opportunity cost than other countries. However, industries in areas where a country has an absolute advantage may not necessarily be more successful if they cannot compete on price or quality with other countries that have a comparative advantage in that industry.

In the Context of International Markets, Industries in Areas Where