Expand your horizons with the diverse and informative answers found on IDNLearn.com. Our experts are ready to provide prompt and detailed answers to any questions you may have.

What kind of advantage does a country have if it can make a product more efficiently?
A. an import advantage.
B. an export advantage.
C. a comparative advantage.
D. an absolute advantage.


Sagot :

Answer:

Option D. An absolute advantage.

Explanation:

Absolute advantage

Absolute advantage introduced to the capacity of a nation to create goods more efficiently than other nations. In other terms, a country that has an absolute advantage can generate a good with cheaper marginal cost (fewer supplies, fewer materials, in a shorter time, with fewer operators, with cheaper workers, etc.).

The advantage that a country has if it can produce goods more efficiently is absolute adbantage.

What is absolute advantage?

This is the ability of a country to produce goods and services more efficiently than other countries using the same resources.

It occcurs as a country is able to produce its good at a lower costs than its counterparts.

Read more on absolute advantage here:

https://brainly.com/question/8141905