absolute advantage

Does China Have An Absolute Or Comparative Advantage?

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Does China Have An Absolute Or Comparative Advantage? Does China have an absolute or comparative advantage? By looking deeply into each country’s bilateral trade, it is not surprising that China has a comparative advantage in labor-intensive goods while the United States has a comparative advantage in the production of high-tech machinery. Does China have a

What Does Mexico Have A Comparative Advantage In?

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What Does Mexico Have A Comparative Advantage In? What does Mexico have a comparative advantage in? Mexico’s major comparative advantage remains climate, the ability to produce fresh fruits and vegetables when US farmers except in Florida are not producing. Commodities such as avocados are produced year round, and protective culture is allowing Mexican farmers to