absolute advantage: economic advantage which exists in the production of a good when one country can produce that good more efficiently than another country.
  • mr. irie: so what are some examples of absolute advantage?
  • student 1: maine and lobster!
  • student 2: switzerland and chocolate.
  • student 3: and watches.
  • student 4: and cheese. swiss cheese. teeheehee.
  • student 5: wisconsin and cheese!
  • student 6: russia and vodka!
  • nabeel: egypt and mangoes! MANGOES mmm so good. AHHMMPPP. *pretends to take a large bite out of an imaginary mango*
  • student 7: georgia and peaches.
  • nabeel: MEXICO AND BURRITOS! burritos are so good. hmm. what else? ahh. japan and whales!
  • mr. irie: WHAT?
  • nabeel: yes. the japanese hunt a lot of whales. they call it "research." and by "research," i mean "whale sashimi."
  • mr. irie: you accuse the japanese people of cutting off valuable parts of a whale and throwing it back into the ocean to die? bahhh. lies!
  • student: i saw The Cove, mr. irie.
  • mr. irie: LIES! *jokingly* as a japanese person i am rather offended, nabeel. do you want to pass my class?
  • nabeel: yes.
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Posted on Wednesday, 1 December
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