Question

PLEASE HELPPP
Your country has a dry, desert climate, and your neighbors have a warm,
rainy climate.
Your country is able to grow oranges at a cost of 35 cents a pound, and
your neighbors can grow them for 10 cents a pound.
Most citizens in your country are trained in the service industry, and most
of your neighbors' citizens are trained in agriculture and farming.
SKILLS
You are the president of a small country and you are hoping to invest in a new industry. You have the
opportunity to invest in growing oranges to export overseas or you could let your neighbors take over that
industry while you invest in producing something else.
Based on the information in the table above, would you rather invest in growing oranges in your country or
invest in something else? Explain your decision in a short paragraph.

Answer 1

I would let my neighbors take over the orange industry since more of their population is experienced and has the skill set for agriculture, while I would invest in a different industry since my population is skilled in the service industry.

Answer 2

Answer:

Responses will vary. A sample response follows: My country should probably choose to invest in producing a different trade good to export. My neighbors have a warm, rainy climate that might be better for growing oranges. My neighbors can also produce oranges more cheaply. Finally, my neighbors have many citizens who are already trained and skilled at agriculture and farming. Each of these factors shows that my neighbors are better suited to specialize in producing oranges. My country should find a different product to invest in trading.

Explanation:

This is the sample response.