Question
Question 2 (25 Points) The purpose of this question is to compare the labour-to-land ratio of Canada andthreeother countries of your choice. Assume that the
Question 2 (25 Points)
The purpose of this question is to compare the labour-to-land ratio of Canada andthreeother countries of your choice. Assume that the labor force is a constant fraction of the population so that the population-to-land ratio (population density) can serve as a proxy for the labour-to-land ratio.
Calculate the population-to-land ratio for Canada and your selected countries. If Canada has an abundance of land in these calculations, would you predict that it is a net exporter of agricultural goods? Look at the data to see if your prediction is correct.
Data:For the abundance/scarcity calculations, go to the World Bank site athttp://www.worldbank.org/data/. For data on population, click "Data", select "By country," and then click on the name of the selected country to find its population. For data on land area, click "Data", select "Indicators" and then choose "Land Area".
For Canadian imports and exports in agriculture, use the Industry Canada 'Trade Data Online' page athttps://www.ic.gc.ca/app/scr/tdst/tdo/crtr.html. Select the appropriate country and at least two categories of agricultural products.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started