relative advantage

  • 1relative advantage — noun : comparative advantage …

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  • 2Relative value (economics) — Relative value is the attractiveness measured in terms of risk, liquidity, and return of one instrument relative to another, or for a given instrument, of one maturity relative to another. The term is used in economics, business or investment. In …

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  • 3advantage — noun 1 thing that helps ADJECTIVE ▪ big, considerable, enormous, great, huge, overwhelming ▪ clear, decided, decisive …

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  • 4Relative change and difference — The relative difference, percent difference, relative percent difference, or percentage difference between two quantities is the difference between them, expressed as a comparison to the size of one or both of them. Such measures are unitless… …

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  • 5relative — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ close, near ▪ The succession passed to the nearest surviving relative. ▪ distant ▪ blood, family …

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  • 6Revealed comparative advantage — A macroeconomic concept for calculating a relative advantage or disadvantage of a certain country in a certain technological field.Most commonly referring to an index introduced by Balassa (1965):RCA = (Eij / Eit) / (Enj / Ent)with Other… …

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  • 7comparative advantage — relative benefit, something which is beneficial when compared to the other options …

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  • 8Comparative advantage — Economics …

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  • 9Mechanical advantage — is a measure of the force amplification achieved by using a tool, mechanical device or machine system. Ideally, the device preserves the input power and simply trades off forces against movement to obtain a desired amplification in the output… …

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  • 10Fellgett's advantage — or the multiplex advantage is an improvement in signal to noise ratio that is gained when taking multiplexed measurements rather than direct measurements. The name is derived from P. B. Fellgett, who first made the observation as part of his… …

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