If,England 1 wine = 1/2 cloth and if Portugal 1 wine = 1 cloth, this I an example of | Faculties

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Shiva Ram

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📊 Business Economics

Q. If,England 1 wine = 1/2 cloth and if Portugal 1 wine = 1 cloth, this I an example of

(A) Comparative advantage
(B) Absolute Advantage
(C) Similar Cost
(D) Unequal Cost

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✅ Correct Answer: (A) Comparative advantage

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