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According to Adam Smith, a country has an absolute advantage in the production of a product when it _____.

Sagot :

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According to Adam Smith, a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.

What is production?

Production can be defined as the process of manufacturing goods or product.

A country  can have an advantage in the production of a product  over other country when the country is good at what the produce and they are  efficient in  producing the product because they produce a desired result , with this other country will be attracted to what this country produce.

Inconclusion a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.

Learn more about production here:https://brainly.com/question/16755022

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