Absolute Advantage
Posted onBeing able to produce goods more cheaply than other countries.
Being able to produce goods more cheaply than other countries.
A brief summary covering the main points of a written article or research project.
A company which supplies office space, marketing services, etc., in exchange for payment, to help get new companies started.
The amount paid to an employee who agrees to perform a difficult task.
The accumulation of payments or benefits over time.
The involvement of, or affect on, everyone or everything in an industry or company.
Real costs, sales, etc., that have occurred, rather than estimations or expectations.
Created or done for a particular purpose as necessary and not planned in advance.
Describes the rotation of advertisements on a web page – each time a user clicks on a different page or returns to a page they’ve viewed previously in the same session, a different advert appears on the screen.
Enables and justifies a profit in business.