What is the difference between absolute advantage and comparative advantage?Part 2

Absolute

Comparative

Absolute

advantage is the ability of an individual, a firm, or a country to produce a good or service at a lower opportunity cost than competitors. While

comparative

comparative

absolute

advantage is the ability of an individual, a firm, or a country to produce more of a good or service than competitors when using the same amount of resources.Part 3A country will always be an exporter of a good where it has

a comparative

a competitive

an absolute

a comparative

advantage in production.