Absolute advantage

Absolute advantage is the ability of an individual, company, region, or country to produce a greater quantity of a good or service with the same quantity of inputs per unit of time, or to produce the same quantity of a good or service per unit of time using a lesser quantity of inputs, than its competitors. সোজা বাংলায়, যে বেশি প্রডিউস করতে পারে একই পরিমান সময়ে।

Comparative advantage

Choose the product which has less opportunity cost.

• If you calculating them for the same one country then they both will give same answe. But if you compare between two or more countries then the comparative advantage shine.
• Trade is based on the comparative advantage.
• Math is on note