Absolute advantage is 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.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). absolute advantage. Retrieved September 22, 2026, from http://smartdefine.org/absolute_advantage/definitions/1146923 |
| Chicago | Barry Goldsmith. 2010. "absolute advantage" http://smartdefine.org/absolute_advantage/definitions/1146923 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, absolute advantage, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/absolute_advantage/definitions/1146923>. |
| MLA | Barry Goldsmith. "absolute advantage" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/absolute_advantage/definitions/1146923> |