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Chapter 3 discussion homework as 1) (3 points) Why do countries export those goods in which their productivity is relatively high? Is this true in
Chapter 3 discussion homework as 1) (3 points) Why do countries export those goods in which their productivity is relatively high? Is this true in the U.S. agricultural exports? s this true in the U.S. overall exports? 2) (4 points) Why comparative advantage, rather than absolute advantage, determines the type of products to export? 3) (3 points) Do wages reflect productivity in the agricultural industry? What is the wage level of U.S. agricultural labors relative to Japan? Canada? Mexico? China? And India
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