Answer:
Absolute advantage
Explanation:
Absolute advantage is the ability of a country to produce a particular good, or service, at a lower cost than any other country. These lesser costs usually come from a higher endowment of a factor of production: either land, labor, or capital.
For example, China is the most populated country of the world, so it has a lot of labor. Because of this, they have lower wages than other countries, and these lower wages mean than China can produce labor-intensive goods at a lower cost than most other countries.
