NEW
ap style practice
NEW
cheatsheets
log in
start studying now
Practice Quizzes
AP Microeconomics
Unit 1 – Basic Economic Concepts
Topic 1.4
Unit 1 – Basic Economic Concepts
1.4 Comparative Advantage and Trade
mixed difficulty
Absolute advantage focuses on?
The quantity or resource usage in production.
The ability to specialize in the production of goods and services.
The trade-off between producing different goods or services.
The terms of trade between countries.
Study guides (1)
AP Microeconomics - 1.4 Comparative Advantage and Trade
Key terms
Absolute Advantage
Guides
Glossary
Next
0
