1).

	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 absolute 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. (5 points)

2). Explain the difference between absolute advantage and comparative advantage. Provide an example to illustrate your explanation. (5 points)