International Business: The Challenges of Globalization (9th Edition) (What's New in Management)
International Business: The Challenges of Globalization (9th Edition) (What's New in Management)
9th Edition
ISBN: 9780134729220
Author: John J. Wild, Kenneth L. Wild
Publisher: PEARSON
Question
Book Icon
Chapter 5.3, Problem 1QS3
Summary Introduction

To Explain:

A nation that is able to produce a good more efficiently than other country is said to have what.

Introduction:

The ability of a nation to produce more efficient goods than other countries is known as absolute advantage.

Solutions:

A nations that is able to produce more efficient good than any other country is said to have absolute advantage.

Blurred answer
Students have asked these similar questions
How the strategies of Faith relate to today's Conducting Business Research from Biblical
Sunland Corporation reported the following: Year 1 sales $720 Year 2 sales $840 Year 3 sales $900 What is the percentage to be assigned for Year 3 using horizontal analysis? ○ 117%. 80%. 125%. ○ 107%.
I want to this question answer for General accounting question not need ai solution
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Text book image
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Text book image
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
Text book image
Introduction to Business
Business
ISBN:9781947172548
Author:OpenStax
Publisher:OpenStax College
Text book image
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education
Text book image
Bcom
Business
ISBN:9780357026595
Author:LEHMAN, Carol M.
Publisher:Cengage Learning,