4-5 paragraphs Details: You are hired as a consultant. Your first assignment, in your position as a consultant, is to discuss which competitive advantage you believe the following scenarios fall into: absolute advantage, comparative advantage, or national competitive advantage. Your client also needs you to describe your rationale for your selections on each scenario. a) A nation has companies with the capacity to make stereo equipment at a much lower price than other national producers, because of lower cost labor although the stereo equipment is of the same quality as other international producers. b) A country mines for a high-demand precious gem only found within that countryŽ??s borders and distributes the gems to jewelry dealers all over the world. c) An overseas country passes laws to protect certain business practices that other countries may find unsuitable and perhaps unethical. The protection of these business practices are not seen as abusive or exploitive within the overseas country because they are consistent with national social standards.