Question

CLIMATE Your country has a dry, desert climate, and your neighbors have a warm, rainy climate. COSTS 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. SKILLS Most citizens in your country are trained in the service industry, and most of your neighbors’ citizens are trained in agriculture and farming. 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

Answer:

Based on the information I was given, I would say it would be better for my country to invest in a different product. Reason being it would be much more sufficient to import the oranges from another country. The climate in the neighboring country is much better, and it cost them much less to produce oranges.

Explanation:

I did this question in ed and got a 100

Answer 2

Answer:

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:

I know this is correct I got it right and this was the sample answer, hope this helps :)