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TeachMeFinance.com - explain Competitive advantage Competitive advantage The term 'Competitive advantage ' as it applies to the area of agriculture can be defined as ' A situation in which one country, region, or producer can produce a particular commodity more cheaply than another country, region or producer'. Previous 5 Terms: comparative language compare Comparison value (CV) compass, surveyor's compassionate use Next 5 Terms: Competitive bidding (for WIC) Competitive foods (in meal service) Competitive imports Competitive transition charge compital About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.