Meanings
plural absolute advantages
- economicsThe capability to produce more of a given product using the same quantity or less of a given resource than a competing entity.
For quotations using this term, see Citations:absolute advantage.
Antonyms: comparative advantage
Synonyms & antonyms
nounThe capability to produce more of a given product using the same quantity or less of a given resource than a competing entity.
Translations
Dutch absoluut voordeel
- absoluut voordeeleconomics: capability
Finnish absoluuttinen etu
- absoluuttinen etueconomics: capability
French avantage absolu
- avantage absolueconomics: capability
Japanese 絶対的な優位性
- 絶対的な優位性 (zettaiteki na yūisei)economics: capability
Romanian avantaj absolut
- avantaj absoluteconomics: capability
Russian абсолютное преимущество
- абсолютное преимущество (absoljutnoje preimuščestvo)economics: capability
Tagalog wagas na kalamangan, lubos na kalamangan
- wagas na kalamanganeconomics: capability
- lubos na kalamanganeconomics: capability
Cite this entry
absolute advantage. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/absolute%20advantage
“absolute advantage.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/absolute%20advantage. Accessed November 4, 2026.
WatkinsX Dictionary, s.v. “absolute advantage,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/absolute%20advantage.
Source: absolute advantage on Wiktionary, CC BY-SA 4.0.