Citations:absolute advantage

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English citations of absolute advantage

  • 2003-2003 [January 2002], Economics: Principles in Action[1], edition 2nd, The Wall Street Journal:Classroom Edition, Upper Saddle River, New Jersey 07458: Pearson Prentice Hall: Addison Wesley Longman, ISBN 0130630853, retrieved on May 3, 2009:
    A person or nation has an absolute advantage when it can produce more of a given product using a given amount of resources.