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From Longman Business Dictionary
Related topics: Business, Economics
absolute advantageˌabsolute adˈvantage [countable] ECONOMICS the advantage that one country has over another because it can make a product more cheaplyUK growth rates were below those of Europe and as a result an absolute advantage was turned into an absolute disadvantage. → advantage
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Word of day

May 16, 2025

wind turbine
noun ˈwɪnd ˌtɜːbaɪn
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