in this decision point activity, you explored how our differences lead us to be better suited for certain tasks and how those differences, if used to our advantage, can cause us all to be better off. now, you will see how these same ideas can be applied not just to individuals, but also to economies as a whole. the supply of labor in china is much higher than the supply of labor in the u.s. which has resulted in much cheaper wages for the average chinese worker compared to the average u.s. worker. additionally, the u.s. labor force tends to be trained for higher skilled, more specialized tasks. using this information and what you leaned in this decision point, complete the following statement. given that china and the united states are large international trading partners, the manufacturing industry in china is likely the manufacturing industry in the united states since chinese companies have a opportunity cost and a advantage in manufacturing compared to american companies.
