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Find a recent article* where a trade-off is exemplied as it pertains to a nation. For example, there is an opportunity cost when the North
Find a recent article* where a trade-off is exemplied as it pertains to a nation. For example, there is an opportunity cost when the North Korean leader allocates the nation's scarce resources (workers, land and/or capital) towards military goods. In fact, every nation, whether by democratic means or through the decisions of autocratic leaders/group decides how to allocate scarce resources. Your task is to nd an example of such a trade off. *I recommend The Economist, NY Times, Wall Street Journal, Financial Times, The Guardian OR Globe and Mail for English language sources. 1) Share a short summary of the article (one to two paragraphs) 2) What is ONE trade-off exemplied in the article? Who is/are the decision-makers involved? 3) Do you think that this allocation of resources is "best" for the nation? Why or why not
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