You and your two friends decide to open a new business selling a product online. Instead of all three partners creating a product you each specialize in one aspect of the business. This is the most reflects the concept of exports be imports see absolute advantage comparative advantage

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25-11-2018
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You and your two friends decide to open a new business selling a product online. Instead of all three partners creating a product you each specialize in one aspect of the business. This is the most reflects the concept of exports be imports see absolute advantage comparative advantage

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chayneswms chayneswms · Answer 1 · 2018-11-26T23:13:46+01:00

This question was answered by MrZieleniewo Brainly Teacher

Comparative advantage. The production of a good or performance of a skill for which a person is best suited is what is termed comparative advantage. Or, on a national level, the production of goods for which a nation's resources are best suited is comparative advantage. Absolute advantage refers to one person (or one nation) having a consistent advantage over another in making a particular product efficiently and best. Read more on Brainly.com - https://brainly.com/question/7717136#readmore