Comparative Advantage

Define Comparative Advantage and provide an example of a good/service that the U.S. produces because it has a comparative advantage compared to another country.
Go to the CIA World Factbook (Links to an external site.) and choose a country other than the United States.

https://www.cia.gov/library/publications/the-world-factbook/

Do some research and explain what goods and services your country specializes in producing and exporting (the data you need will be in the Economy link). Be sure to include some data here.
Explain why this country has a comparative advantage in producing these goods and services compared to another country and why. (You may want to check the other links on the website, like Geography, etc., to determine why they have a comparative advantage in these goods/services. Be sure to provide concrete examples and analysis = what exactly gives these countries a comparative advantage in production of these goods?)
What kinds of goods and services is this country most likely to import from other countries? Why doesn’t this country produce these goods on their own?
Lastly, explain how this country benefits from trade.
**Please note that you must post your response to the discussion question before you will be able to see other students’ replies.

Discussion Instructions

You will not be able to see other students’ replies until you post your response to my question. Type your initial response to my question in substantially more than eight sentences (minimum 200 words) by Tuesday evening at 11:59 pm Pacific Time, then read through the other entries and post a thoughtful question to at least one classmate who does not have a thoughtful question by Tuesday evening at 11:59 pm Pacific Time. Then, by Wednesday night please write a one paragraph (4+ sentences) response to another student’s thoughtful question about your post. If you do not receive a thoughtful question about your post by Wednesday morning, you may write a second thoughtful question to a student who does not have one to count as your third post. If you are posting late, you must wait 24 hours after you have posted a thoughtful question to a fellow student before you post a second thoughtful question in order to give other students a chance to ask a question about your post.

Please use professional grammar and punctuation in this college level course in all correspondence. Please avoid “text” or “twitter speak” when corresponding.

Summary
First two posts

Sample Solution

Outlook changes in the Post-war American Mentality

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When discussing the pre-war and post-war United States of America, one needs to comprehend that the
country’s attitude had encountered a critical move starting with one lot of qualities then onto the next. A
portion of these better approaches for believing were radically not the same as those that were recently
shared by Americans for a considerable length of time. The progressions happened on an individual level,
yet additionally on a national level. It very well may be guaranteed that World War II denoted a change in
perspective in the American perspective. A worldview can be characterized as a model, an example of
discernment, or thinking, which is predominant in a general public during a specific timeframe. In this
manner, a change in outlook is a move from old models of reasoning and clarifying the encompassing
reality as another one. It very well may be accomplished through different ways: unrest, transformation,
slow and continuous change, edification, etc. american reasoning

In the twentieth century, the USA, despite everything reeling from the impacts of the Great Depression,
experienced genuine moves in its social worldview. The nation stood disengaged, guaranteeing a strategy
of Laissez Faire, which liberated America from any obligation from the world’s contentions. The USA’s
center was naturally internal; rationale directed that the nation should deal with its own first; in any case,
on December 7, 1941, the day Japanese powers bombarded Pearl Harbor, the Laissez Faire international
strategy finished unexpectedly. World War II, together with a complex of different components made a
globally capable America, with the general public sharing a prevailing philosophy of commercialization,
while grasping the job of ladies in the working environment and military.

World War II invigorated a stale economy in America, and as the finish of the war approached, numerous
Americans dreaded another inconvenient downturn in the money related condition of the nation. Rather,
Americans found that “repressed purchaser request powered astoundingly solid monetary development in
the post war period” (U.S. Division of State). Commercialization flourished and with it the nation. Industrial
facilities that had been fixated on the assembling of war gear abruptly came back to the creation of cars.
A lodging market blasted, and the nation’s gross national item multiplied in multi decade. The monetary
province of America blasted in the post-war period, and a nation that as of late remained on the slope of
monetary disappointment before long turned into the money related powerhouse of the world.

These processing plants additionally encouraged another change in outlook in the American mindset.
Before America’s passageway into the World War II theater, ladies were regularly connected with a wide
range of residential work, bringing up youngsters, and cooking, however with the flood of men sent
abroad into fight, ladies were approached to fill the opening abandoned. They were called upon to work in
the plants and carry out the responsibilities once saved for men. “By 1945, about one out of each four
wedded ladies worked outside the home” (American Women in World War II, 2012). This change in outlook
proceeds with today in American culture.

Before America’s passage into World War II, the nation was deep down centered and its workforce
comprised predominantly of men. The War joined the nation and changed its international strategy needs,
invigorated its economy, and opened a plenty of chances for ladies in the commercial center. Since that
time, America has would not look in reverse.

References

American Women in World War II. (2012). The History Channel site. Recovered 7:00, November 4, 2012,
from http://ww.history.com/themes/american-ladies in-world-war-ii.

U.S. Branch of State. (2012). >The Post-war Economy: 1945-1960. About.com Economics. Recovered
from http://economics.about.com/od/useconomichistory/a/post_war.htm.

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