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One way for a country to obtain an abosolute advantage in marketing a product outside its borders is to?
Wiki User
∙ 11y ago
One way for a country to obtain an absolute advantage in marketing a product outside its borders is to
Wiki User
∙ 11y ago
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What is one way a country can obtain absolute advantage in marketing a product?
enter into an orderly marketing agreement
When does country x have an absolute advantage over country y the production of corn?
Country x has an absolute advantage when it can produce corn at a lower cost than country y.
If a country has comparative advantage in the production of all goods should it trade?
Yes, since each country can individually specialize in its comparative advantage, the total income for both countries will increase. This is even true if one country has an absolute advantage in the production of all goods.
What are the assumptions of absolute advantage theory?
That a country has the best advantage of making all products, all things constant. It shows what a country would have if it didn't trade.
Difference between absolute cost advantage theory and comparative cost advantage theory?
absolute cost advantage talks about the efficiency and cheaply a country incure in the production of goods and services against other country whiles comparative advantage talks about the opotunity cost of goods
What is one way a country can obtain absolute advantage in marketing a product?
enter into an orderly marketing agreement
What country borders three continents?
There is no country that borders three continents.
Which country borders the Pacific Ocean?
which country borders pacific ocean
Which country borders with 11 country?
Russia borders 11 countries
Which small country borders Switzerland?
Liechtenstein is the small country that borders Switzerland.
What countrie borders New Jersey?
New Jersey borders no other country.
What foreign country borders California?
dumb #@$!, no country borders California u mother %*#&$%( retard
What large country borders Italy directly to the south?
No country borders Italy to the south.
What are the 14 countries that have borders?
Every country has borders.
What country borders Cambodia and Vietnam?
LAOS is the only country that borders both Cambodia and Vietnam.
What country bordered Texas?
Mexico is the only country that borders Texas.
What country shares borders with both Belarus and Serbia?
No country borders both Belarus and Serbia.
