absolute advantage

noun

The 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.”

Meanings

nounabsolute advantage (plural absolute advantages)

plural absolute advantages

  1. 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
APA

absolute advantage. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/absolute%20advantage

MLA

“absolute advantage.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/absolute%20advantage. Accessed November 4, 2026.

Chicago

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.