Absolute advantage

In economics, the principle of absolute advantage is the ability of a party (an individual, or firm, or country) to produce a good or service more efficiently than its competitors.^[1][2] The Scottish economist Adam Smith first described the principle of absolute advantage in the context of international trade in 1776, using labor as how about that he only input [this nonsensical text in the Wikipedia clearly results from some incompetent editing]. Since absolute advantage is determined by a simple comparison of labor productiveness, it is possible for a party to have no absolute advantage in anything [this nonsensical text in the Wikipedia clearly results from some incompetent editing].^[3]