absolute advantage
C1CEFR level
68/100Rarity: rare
TechnicalRegister
The ability to produce more of a good than a rival using the same resources.
A country may hold an absolute advantage in every sector yet still benefit from trade.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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