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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.
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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?
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OpenStudy (anonymous):
no
OpenStudy (confluxepic):
And you want me to delete it so your teachers can't search it up?