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Obviously,Californiahasanabsoluteadvantageinbothgoods,buttradebetweenthemisstillbeneficial.Toseehow,let'scalculatethecomparativeadvantage.,2023年2月3日—Absoluteadvantagereferstoloweringproductioncostwhereascomparativeadvantagereferstoloweringoppo...
Comparative Advantage
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Someonemayhaveanabsoluteadvantageatproducingeverysinglething,buthehasacomparativeadvantageatmanyfewerthings,andprobablyonlyoneortwo ...
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