English-Finnish translations for absolute advantage

• absoluuttinen etu
  Haasteen taustalla on se, että kansainväliseen kauppajärjestelmään on otettu mukaan maa, jolla on suhteellinen etu ja potentiaalisesti lähes absoluuttinen etu miltei kaikessa. It is a challenge posed by a country that has entered the international trading system not just with a comparative advantage but with potentially an almost absolute advantage in just about everything.

Definition of absolute advantage

• The capability to produce more of a given product using the same quantity or less of a given resource than a competing entity

Related words

• absolute
• Absolute
• absolutely
• absoluteness
• absolutetely
• absolute zero
• absolute value
• absolute pitch
• absolute temperature
• absolute code