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Sagot :
Absolute advantage cannot be sought as necessary or essential or trade activities.
An absolute advantage can be referred to or considered as the upper hand that an individual has over the position that he or she enjoys within the market of an economy, where it is relevant. Usually, an absolute advantage is enjoyed by a seller in a monopolist market structure.
However, the trade in other market structures is also possible without the possession of an absolute advantage. So, it cannot be considered as necessary for trade, but it is definitely beneficial.
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