Home > Term: तुलनात्मक लाभ
तुलनात्मक लाभ
When one nation's opportunity cost of producing an item is less than another nation's opportunity cost of producing that item. A good or service with which a nation has the largest absolute advantage (or smallest absolute disadvantage) is the item for which they have a comparative advantage.
- Μέρος του λόγου: noun
- Κλάδος/Τομέας: Labor
- Category: Labor statistics
- Company: U.S. DOL
0
Δημιουργός
- shamoil ahmad
- 100% positive feedback
(patna, India)