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:
Marketing
Ever sit down to figure out how much you spend to get a customer or a business associate? It’s tough sometimes to figure this out, but the sooner you figure out your dollar-per-customer or p... [ more... ]
Marketing
The most successful sales and marketing approaches are based on common sense. There is genius in their subtle simplicity. They may at first appear to be common knowledge and easy to implement, howe... [ more... ]
Business & Financial
When you say "end of the year", most small business owners think of two things immediately. The *second* is the holidays. The *first* is taxes! While almost all of us pay taxes quarterly,... [ more... ]
  Disclaimer | Privacy | Terms of useCopyright © 2004-2005 E-terms.com