2. Based on your research, through which products or industries might the country enjoy comparative advantage? (US,England,India)
i have the USA i need India and England now :D
i have noooo idea..... i'm not good with like history or economics type stuff :/ try @Notamathgenius he'll help ya
or @mikelo40
I dont know either.
oh ok
@mikelo40
come here >.<
im even looking on google and i cant seem to find it
Im here. :)
Its the US
which products or industries might England enjoy comparative advantage and which products or industries might India enjoy comparative advantage
https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html https://www.cia.gov/library/publications/the-world-factbook/geos/rp.html https://www.cia.gov/library/publications/the-world-factbook/geos/us.html
For comparative advantage, look at what each country actually exports. Real absolute advantage is harder to determine, but you can start by looking at the resources (natural and human) that each country has
oh ok, also Does the United States already have a trade relationship with India?
What type of products are traded with the us and india? and what type of products are traded with the us and england?
We have about 34,741.60 exports. This list does not include the Gulf Cooperation Council (GCC), which includes two (UAE and Saudi Arabia) of the above states in a single economic entity. As a single economy the Gulf Cooperation Council (GCC) is the largest trading partner of India with almost $160 billion in total trade.[2] This list also does not include the European Union (EU), which includes two (Germany and Belgium) of the above states in a single economic entity. As a single economy, the EU is the is the second largest largest trading partner of India with €40.5 billion worth of EU goods going to India and €39.4 billion of Indian goods going to the EU as of 2011, totaling approximately €79.8 billion ($104 Billion USD) in total trade.[3][4] India is also the largest export and/or import partner of the following countries:
Exports[5] Guinea-Bissau - 75.9% Nepal - 57.4% Benin - 32.4% Iraq - 22.5% Imports[6] Nepal - 57% Sri Lanka - 25.6% Mauritius - 25.2% United Arab Emirates - 19.8% Tanzania - 18.8%
how much money in trade is it for england and the us?
@mikelo40
I don't know that one.
oh ok
me either :( sowwy!!!
which products or industries might the england enjoy that are comparative advantages?
@mikelo40 @brookester6
You should have a economics book or packet
i found it, and this is a research project online so i did not get one
Compare and contrast the economic freedoms of your chosen countries. England India United States Of America
do you know i should word the answer?
like i know the comparison for england and the us
@brookester6 @mikelo40
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