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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
safari
henchman
serving
mutilated
exceeding
culminate
prominent
mahogany
hyphen
disinfect
malformed
fidgeting
unmovable
flask
handball
customs
dividers
protector
splotchy
snorkel
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