absolute advantage
Definitions
The capability to produce more of a given product using the same quantity or less of a given resource than a competing entity.
Equivalents
2 more languages
Nederlandsabsoluut voordeel
Românăavantaj absolut
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See also
Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free