AP Notes, Outlines, Study Guides, Vocabulary, Practice Exams and more!

Econ 5.04

Wait just a minute here...

In order to access these resources, you will need to sign in or register for the website (takes literally 1 minute!) and contribute 10 documents to the CourseNotes library. Until you contribute 10 documents, you'll only be able to view the titles and some teaser text of the uploaded documents. There are 100,000+ essays, DBQs, study guides, practice tests, etc. that are only available to members that contribute. So what are you waiting for?

Get started right now!

Subject: 
Economics
Rating: 
0
No votes yet
Tags: 
International economics
International trade
Comparative advantage
Absolute advantage
Citrus
Productivity
maize

Corn Citrus Number of additional worker hours to produce one unit of citrus instead of one unit of corn United States 2 4 2 Developing Country B 8 10 2 Developed Country C 2 6 4 Apparel Computer Software Number of additional worker hours to produce one unit of computer software instead of apparel United States 2 4 2 Developing Country A 4 12 8 Developed Country D 2 4 2 Identify an example of absolute advantage relative to the United States from your data tables. Be sure to identify which country has absolute advantage (U.S. or other), the product, and data to support your claim. Tip: When considering absolute and comparative advantage, worker hours to produce one unit is a reflection of productivity.

Need Help?

We hope your visit has been a productive one. If you're having any problems, or would like to give some feedback, we'd love to hear from you.

For general help, questions, and suggestions, try our dedicated support forums.

If you need to contact the Course-Notes.Org web experience team, please use our contact form.

Need Notes?

While we strive to provide the most comprehensive notes for as many high school textbooks as possible, there are certainly going to be some that we miss. Drop us a note and let us know which textbooks you need. Be sure to include which edition of the textbook you are using! If we see enough demand, we'll do whatever we can to get those notes up on the site for you!