comparative advantage

English

Noun

comparative advantage (countable and uncountable, plural comparative advantages)

(economics) The ability to produce a particular good at a lower relative opportunity cost than another producer.
Antonym: absolute advantage

Translations

the ability to produce a particular good at a lower relative opportunity cost than another producer

Armenian: համեմատական առավելություն (hamematakan aṙavelutʿyun)
Czech: komparativní výhoda f
Finnish: suhteellinen etu

French: avantage comparatif m
Irish: buntáiste comparáideach
Russian: сравни́тельное преиму́щество (sravnítelʹnoje preimúščestvo)

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