Question
Select a country, Provide a brief statement about the location of this country globally. (Example: Continent or general location) 2) Scroll down and list 3
Select a country, Provide a brief statement about the location of this country globally. (Example: Continent or general location)
2) Scroll down and list 3 of the top exports and 3 of the top imports listed for that country.
3) Make a statement regarding ONE of the exports or imports as to why this country has comparative advantage in that good (or lacks it) in terms of resources (either land, labor, or capital).
Think about the main export OR import and the resources the country has such as land, labor, and/or capital and why they tend to specialize in the goods they are exporting or why they need to import the goods they do.
For example: and island country would be able to export fish and other ocean catch while a country that is landlocked or desert would be forced to import that good.
Exp.
UNITED STATES
The U.S. is located in North America and borders Canada and Mexico.
TOP 3 EXPORTS
Soybeans, fruit, and corn
Aircraft
Organic chemicals
TOP 3 IMPORTS
Crude Oil
Office equipment
Motor vehicle parts
The U.S. has a large land area resource that is useful for growing crops, the climate is suitable to growing grains and fruit.
Not used PHILIPPINES, CHILE, CANADA, RUSSIA, Cambodia, Japan, AUSTRIA
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