| 释义 |
Acquired Advantage Acquired AdvantageThe ability for an economic actor to produce a good or service with fewer resources using knowledge or skills that are acquired over time. For example, if Town A has more electrical engineers or a better engineering school than Town B, Town A may have an acquired advantage in the production of electrical circuits, even if all other resources are the same. See also: comparative advantage, absolute advantage, location-specific advantage. |