When a nation is more capable of producing a certain good or service than another they are said to have this.
What is an Absolute Advantage?
200
Even if all of a countries capabilities are superior to another's, they can still benefit through trade due to this.
What is Comparative Advantage?
500
This robotic store assistant is being used to replace sales associates to increase profit for companies at the cost of increased unemployment rates. It is equipped with a back screen showing promotional offers and a user interface on the front, as well as a product scanner and voice recognition.