Business, 24.11.2020 23:30 rafa3997

ECONOMICS Which situation best illustrates the concept of absolute advantage? O A. A factory in Vietnam can produce more shoes than other
countries.
O B. The total value of U. S. exports is lower than the value of the
country's imports.
O 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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*ECONOMICS* Which situation best illustrates the concept of absolute advantage? O A. A factory in V...

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