Produce good at lower opportunity cost

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Reference no: EM131392026

Absolute Advantage exists only when one country can produce a good at a lower opportunity cost than another country.

restricting trade with other countries that do not raise their wages or working conditions to levels that we deem acceptable as beneficial to workers in those countries.

the trade adjustment assistance act provides help for domestic industries by offering production subsidies to those Industries hurt by excessive Imports.

Reference no: EM131392026

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