comparative advantages

A form of comparative advantage — The ability to produce a particular good at a lower relative opportunity cost than another producer.

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Meanings

noun
  1. pluralplural of comparative advantage
Cite this entry
APA

comparative advantages. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/comparative%20advantages

MLA

“comparative advantages.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/comparative%20advantages. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “comparative advantages,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/comparative%20advantages.

Source: comparative advantages on Wiktionary, CC BY-SA 4.0.