Last Updated
:2025/11/29
comparative advantage
Noun
countable
uncountable
Japanese Meaning
比較優位:ある生産者が相対的な機会費用を低く抑え、特定の財を他の生産者よりも効果的に生産できる経済概念。
( plural )
Quizzes for review
(economics) The ability to produce a particular good at a lower relative opportunity cost than another producer.
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comparative advantage
By focusing on high-tech components, the small country developed a comparative advantage that boosted its exports.
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By focusing on high-tech components, the small country developed a comparative advantage that boosted its exports.
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