If a Country Has an Absolute Advantage,it Has

If a country has an absolute advantage,it has:

A) The ability to produce a specific good at a lower opportunity cost than its trading partners.
B) Total market domination in the production and sales of a specific good.
C) The ability to produce a specific good with fewer resources than its trading partners.
D) The ability to guarantee itself very favorable terms of trade at the expense of its trading partners.

Correct Answer:

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