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When does one country have an absolute advantage over another country?

  • Question 4a of 10 - Specialization

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: When does one country have an absolute advantage over another country?
  • Answers:
  1. When its workers earn higher wages
  2. When its infrastructure is more advanced
  3. When its government charges lower taxes
  4. When its production costs are lower

The correct answer is: When its production costs are lower. Absolute advantage comes when a country has more efficient production.

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