absolute advantage

Definition

The name for the ability of one entity to engage in more efficient production than another entity. Assuming equal inputs, the entity with an absolute advantage will have a greater output.

Copyright©2009 by InvestorWords.com. ALL RIGHTS RESERVED.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms

comparative advantage - More

Popular 'Economy' Terms

GDP
recession
inflation
command economy
bear market

demand
fiscal policy
monetary policy
deflation
cyclical

Related Personal Finance Articles

Loading...

absolute advantage in the news

Loading...

Tools

absolute advantage is ...

... part of the Economy subject.

Nearby Terms

ABC agreement
abeyance
ability to pay
abnormal return
above par
absolute advantage
absolute priority rule
absorbed
absorption rate
abstract of title
abusive tax shelter

Search volume for absolute advantage

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Get our content on your iGoogle page | RSS

RSS

Add this Glossary to your Site | Bookmark InvestorWords.com
Home | Terms by Subject | Keyword Advertising | About Us | Contact Us
Work for InvestorWords.com
BusinessDictionary.com | InvestorGuide.com | WebFinanceInc.com
Disclaimer and Copyright©