who explain the term Absolute cost advantage
Answers
Answered by
0
Answer:
I can't understand this question
Answered by
0
Explanation:
The concept of absolute advantage was developed by Adam Smith in his book "Wealth of Nations" to show how countries can gain from trade by specializing in producing and exporting the goods that they can produce more efficiently than other countries.
Similar questions
English,
3 months ago
Accountancy,
3 months ago
Math,
3 months ago
Physics,
6 months ago
English,
11 months ago