what kind of advantage does a country have if it can make a product more efficiently?\nan import…

what kind of advantage does a country have if it can make a product more efficiently?\nan import advantage\nan export advantage\n a comparative advantage\nan absolute advantage

what kind of advantage does a country have if it can make a product more efficiently?\nan import advantage\nan export advantage\n a comparative advantage\nan absolute advantage

Answer

Brief Explanations:

An absolute advantage exists when a country can produce a good more efficiently (using fewer resources) than other countries. Comparative advantage is about lower opportunity - cost. Import and export advantages are not standard economic terms in this context.

Answer:

D. an absolute advantage