What is the difference between absolute advantage and comparative advantage? Will a country always...

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What is the difference between absolute advantage and comparative advantage? Will a country always be an exporter of a good where it has an absolute advantage in production?
1.Purpose: 5 to 6 points Effectively describes and explains the central purpose, arguments, or goals of the project; explanation is focused, detailed, and compelling2.Content: Presents balanced, significant, and valid information that clearly and convincingly supports the central purpose, arguments, or goals of the project; demonstrates in-depth knowledge of the content area; reader gains important insights3.Organization: Information/content is presented in a logical, interesting, and effective sequence; topics flow smoothly and coherently from one to another and are clearly linked; reader can easily follow the line of reasoning4. Style and Tone: Writing is compelling and sustains interest throughout; tone is consistently professional and appropriate for an academic research project5.Use of References: Presents compelling evidence from professionally legitimate sources; attribution is clear and accurate; references are primarily peer reviewed professional journals or other approved sources

Komalavalli · Accepted Answer

Comparative and Absolute Advantage:
A country has comparative advantage when it produces goods that has low opportunity cost in producing that goods compared to other goods.
A nation has absolute advantage when it produces and supply goods at low cost which includes low input cost, by utilizing abundant resource in the nation. A country will supply goods at cheaper price when it has absolute advantage in producing those goods. Let us analysis whether a country that export goods which contain absolute advantage or not through analyzing the previously published articles.
Analysis:
Ferliana (2020) it focused on analyzing the trade of Rattan industry in Indonesia, they mentioned that the Indonesia is the most important manufacturer of rattan and accompanied by using the Philippines. Indonesia is the primary provider of the arena marketplace as they deliver eighty per cent of raw rattan for them. The author found that with rattan manufacturing, Indonesia has an absolute gain, validated from the truth that Indonesia places first in generating raw rattan. Due to Indonesia has less expensive in rattan growing land and an labor force, Indonesia has an absolute advantage in the rattan region and tends to export rattan. But, in real worldwide exchange, it's far determined by comparative advantage because exporter in Indonesia has low opportunity cost of producing rattan. The author also found that the Indonesia experience gains from trade by exporting rattan products to china and importing oil and gas from china which has high opportunity cost of production.
Ervani,

What is the difference between absolute advantage and comparative advantage? Will a country always be an exporter of a good where it has an absolute advantage in production? 1.Purpose: 5 to 6 points...

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