Home : Terms : Article : Calculators Advertising : Contact us
Home > Terms > Banking > Absolute Advantage

Term: Banking -> Absolute advantage
Term:

Absolute advantage

Definition:

A person, company or country has an absolute advantage if its output per unit of input of all goods and services produced is higher than that of another person, company or country.

Related terms:

Relevant foreign currency

Flexible Life Insurance

Useful articles:
»Secrets of Super Marketing
»Proposals That Get the Business
»Dealing with Time Wasters
»How to Eliminate Voice Mail as a Selling Obstacle


Investment
Car payments
Holiday spending


Browse by categories
Accounting
Advertising
Banking
Bankruptcy
E-Commerce
Economics
Finance
Law
Investment
Insurance
Marketing
Real estate
Statistic
Trade
Purchasing


ABCDEFGHIJKLMNOPQRSTUVWXYZ

Featured Articles:
Customer Servces
A "secret shop" can cause a grown store manager to weep. It’s unfortunate because the complaints that customers have are so easy to fix…if the store management is willing! M... [ more... ]
Customer Servces
Think about (this...). Right now, a whole generation of young customers in the United States has been brought up to take computers for granted.  Pointing with a mouse is no more mysterious to ... [ more... ]
Customer Servces
What’s the difference between the amateur and the pro? Give up? It’s the details. Pros handle the little stuff. Amateurs do not. There is a popular saying on T-shirts that says, "... [ more... ]
  Disclaimer | Privacy | Terms of useCopyright © 2004-2005 E-terms.com