What kind of advantage does a country have if it can make a product more efficiently? A. an import advantage
B. an export advantage
C. a comparative advantage
D. an absolute advantage
What kind of advantage does a country have if it can make a product more efficiently?
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The correct answer is D. an absolute advantage.
An absolute advantage occurs when a country can produce a good or service more efficiently than another country. This means it can produce more output with the same resources or produce the same output with fewer resources, making it better at manufacturing that product compared to others. This efficiency allows the country to potentially export more of that product, benefiting its economy.