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Commodity advantage refers to the competitive edge that a company or country gains by possessing or controlling valuable Natural Resources or raw materials. This advantage can stem from factors such as abundant supply, lower production costs, or unique geographical conditions that enhance the quality or availability of the commodity. It enables entities to leverage these resources for economic gain, influencing market prices and trade dynamics. Ultimately, commodity advantage can significantly impact a nation's economic development and a firm's profitability.

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2mo ago

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