absolute advantage Describes the productivity of one person, firm, or nation compared to that of another o The producer that requires a smaller quantity of inputs to produce a unit of good is said to have an absolute advantage In producin g th nat good.Absolute Advantage • Describes the productivity of one person, firm, or nation compared to that of another. • The producer that requires a smaller quantity of inputs to produce a unit of good is said to have an absolute advantage in producing that good