05.04 Why Do Countries Trade

05.04 Why Practise Countries Trade?

Analysis—Using the information you recorded, answer each of the post-obit analysis questions in well-

written paragraphs in your own words.

A.Identify an example of absolute reward relative to the United States from your

data tables. Be certain to identify which land has accented advantage (United states or

state A, B, C, D), the product, and information to support your claim. Tip: When considering

absolute and comparative advantage, worker hours to produce ane unit of measurement is a reflection

of productivity.

For estimator software, the United States has an Absolute Reward over the other countries. In the

chart to a higher place you lot can see that the U.S. has 2x the efficiency over country C and 3x the efficiency over

country A.

B.Identify an example of comparative reward relative to the United States from your

data tables. Be sure to identify which state has comparative reward (United

States or country A, B, C, D), the product, and data to back up your claim.

For citrus, the U.s. has a Comparative Reward over the other countries. As shown in the

graph to a higher place, the U.S. is just 33% more efficient than the country C.

C.Explain why most trade occurs because of comparative advantage. Exist sure to

provide examples from the data tables or from the lesson to support your answer.

The reason why near trade occurs due to comparative advantage is just because a state trades

for what they lack and trades with what they have a surplus of. By doing that they are distributing

essential and unessential products to regions that possibly couldn't have obtained it efficiently, while

also making money.

05.04 Why Do Countries Trade,

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