Question: While doing international business some countries have comparative advantage and some have absolute advantage, what do you understand by each of these advantages? Do

absolute advantage, what do you understand by each of these advantages? Do

While doing international business some countries have comparative advantage and some have absolute advantage, what do you understand by each of these advantages? Do you think there can be a scenario where one country can have absolute advantage, and another can have relative example? Give an example of your understanding in this regard. What is the basic reason for the existence of the Eurodollar market? From your perspective, what factors have accounted for its growth over time?

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