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A person or nation has this type of advantage when it can produce more efficiently given all the other products that could be produced?

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  • A person or nation has this type of advantage when it can produce more efficiently given all the other products that could be produced?


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the ability to produce more of a given ... given all the other products that could be produced ... advantage. the principle that a nation is ...
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Positive: 69 %
... The Competitive Advantage of Nations, develops ... More generally, a nation’s companies can anticipate global ... stimulating effect it has on all ...
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Positive: 66 %

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See more. Dictionary.com; Word of the Day; ... used preceding a noun that has been ... (cf. that one or that other). Adverbial use in the more the ...
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Positive: 69 %
A competitive advantage can be gained by ... of units a machine can produce in given ... products, on the other hand, can be ...
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Positive: 64 %
... economist Paul Samuelson ’s example was the principle of comparative advantage. ... more than each person can produce. ... person has a different ...
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Positive: 50 %
Comparative advantage is a dynamic ... ports and other transport ... they find ways of producing it more efficiently or they create a genuinely ...
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Positive: 27 %

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