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Unit I Individual Project 1

BUS305

Instructor: John Theodore

13 January 2008

The Absolute Advantage

Economics has been recognized as a special area of study for over a century. Most of the challenging problems being confronted nationally and globally are economic in nature. According to Sullivan and Sherffrin, “absolute advantage is the ability of one person or nation to produce a good at a lower absolute cost than another person or nation”...


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Unit I Individual Project 1

BUS305

Instructor: John Theodore

13 January 2008

The Absolute Advantage

Economics has been recognized as a special area of study for over a century. Most of the challenging problems being confronted nationally and globally are economic in nature. According to Sullivan and Sherffrin, “absolute advantage is the ability of one person or nation to produce a good at a lower absolute cost than another person or nation”...


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