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Economics - Financial Markets 13 Online
OpenStudy (anonymous):

help on this please

OpenStudy (anonymous):

Worker hours to produce one barrel of crude oil Worker hours to produce one ton of coal United States Developed 4 5 Country A Developing 6 5 Country B Developed 7 3 Using the chart, identify an example of comparative advantage for the United States over either Country A or Country B. Be sure to identify the product and the country. Explain how the AVAILABILITY and use of a natural resource may impact advantage.

OpenStudy (anonymous):

@Data_LG2

OpenStudy (anonymous):

Have you guys started something?

OpenStudy (anonymous):

yes.

OpenStudy (confluxepic):

Availability impacts advantage because there would actually be something to sell. A country without a specific resource such as minerals would have a disadvantage in that industry from other countries because they won't sell as much, make as much, and use as much as other countries would do.

OpenStudy (anonymous):

there ya go ^ @iamabarbiegirl

OpenStudy (anonymous):

omg! THANK YOU SO SO SO MUCH! @confluxepic

OpenStudy (anonymous):

:D

OpenStudy (anonymous):

@confluxepic delete it

OpenStudy (confluxepic):

Wait. Are you guys going to plagiarize?

OpenStudy (anonymous):

no

OpenStudy (confluxepic):

And you want me to delete it so your teachers can't search it up?

OpenStudy (anonymous):

yes

OpenStudy (anonymous):

no

OpenStudy (anonymous):

@confluxepic

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