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________ refers to the superior features of a country that provide unique benefits in global competition, typically derived from either natural endowments or deliberate national policies.

1 Answer

5 votes

Answer:

Comparative advantage

Step-by-step explanation:

Comparative advantage -

It refers to the method used by a company to produce certain goods or services at a much cheaper and better manner than other company , is referred to as comparative advantage .

As the company can sell the similar product produced at much lower price , and thereby earns more profit for the product .

Thereby , the company has the upperhand over the other companies .

Hence , from the given information of the question ,

The correct answer is Comparative advantage .

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User Baldpate
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