The ability of one nation to produce a commodity using fewer resources than another nation is:
A)absolute advantage
B)comparative advantage
C)mercantilism
D)specialization

Name: The ability of one nation to produce a commodity using fewer resources than another nation is: A)absolute advantage B)comparative advantage C)mercantilism D)specialization
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Quizplus · Accepted Answer

Absolute advantage refers to the ability of a country to produce a particular good or service more efficiently than another country, using fewer resources.

The Ability of One Nation to Produce a Commodity Using