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Social Studies, 24.10.2021 05:30 ballin2126

Which situation best illustrates the concept of absolute advantage? A. A factory in Vietnam can produce more shoes than other
countries.
B. The total value of U. S. exports is lower than the value of the
country's imports.
C. A software company is forced to increase its prices to pay for
rising labor costs.
D. A restaurant buys its ingredients from nearby farms to help the
local economy

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Which situation best illustrates the concept of absolute advantage? A. A factory in Vietnam can pr...

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