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AP Macroeconomics
Unit 1 – Basic Economic Concepts
Topic 1.3
What is the primary focus of determining absolute advantage in input problems?
Identifying the country with the least amount of resources used
Deciding the terms of trade
Calculating the per unit opportunity cost
Analyzing the gains and losses in trade
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AP Macroeconomics - 1.3 Comparative Advantage and Trade
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Absolute Advantage
Input problems
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About Us
About Fiveable
Blog
Careers
Testimonials
Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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