Think about or look around your house for something

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Think about or look around your house for something that was made in another country. Based on the principles of comparative advantage what advantage does the exporting country have? Why? Was it beneficial in some way to the US that the item was made elsewhere? Was it detrimental?

As we acknowledge that other countries are 'better' at making some things based on their comparative advantages, discuss ways the United States can remain competitive in a increasingly global market?

Reference no: EM131090846

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Think about or look around your house for something : Think about or look around your house for something that was made in another country. Based on the principles of comparative advantage what advantage does the exporting country have? Why? Was it beneficial in some way to the US that the item was made..

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