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Minimalist Dictionary
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comparative advantage
noun
Antonyms
absolute advantage
The ability to produce a particular good at a lower relative opportunity cost than another producer.
Word Frequency 1800~2019
Related words
Other words
armhole
viselike
gravitate
renderer
bulldog
crabbing
clip
cleft
saggy
halves
subdivide
litigate
strangle
thyself
coil
judo
correct
gallery
carwash
flask
absolute advantage
competitive advantage
economies of scale
producer good
factor
trade surplus
economic moat
factor of production
superior good
opportunity cost
market power
natural price
terms of trade
capital goods
diseconomies of scale