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The Absolute Advantage Form of Competitive Advantage Means

Question 137

Multiple Choice

The absolute advantage form of competitive advantage means


A) that a country does not belong to any free trade agreements.
B) that a country can produce everything better or more cheaply than any other country.
C) that a country can produce some products better or more cheaply than it can others.
D) that a country is the sole supplier of a product or service.
E) that a country can produce something better or more cheaply than any other country.

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