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Answer:
A country possesses an absolute advantage when it can produce a good or service more efficiently than other nations, utilizing fewer resources or producing more output with the same resources. This advantage often arises from abundant natural resources, favorable climate and geography, advanced technological capabilities, or a highly skilled labor force. For instance, Saudi Arabia's vast oil reserves grant it an absolute advantage in oil production, while Brazil's optimal climate conditions confer an advantage in coffee cultivation. Additionally, technological superiority, as seen in Japan's electronics industry, and robust infrastructure, exemplified by the United States' manufacturing sector, further enhance a country's production efficiency. Thus, absolute advantage is determined by factors that enable a country to outperform others in specific industries, leveraging unique attributes and capabilities to dominate global markets.
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