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A country that can make and sell a product at a lower cost than anyone else has:
AAbsolute advantage
BAbstract advantage
CAdjacent advantage
DAdvance advantage
Answer & Solution
Correct answer: A. Absolute advantage
1. No other country can match the cost.
2. It is not the same as comparative advantage.
3. It is absolute advantage.
_Source: OpenStax Introduction to Business, Chapter 3, Competing in the Global Marketplace._
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