Meaning of comparative advantage | Babel Free
Definitions
The ability to produce a particular good at a lower relative opportunity cost than another producer.
countable, uncountable
Equivalents
Español
ventaja comparativa
Suomi
suhteellinen etu
Français
avantage comparatif
Русский
сравни́тельное преиму́щество
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.