The theory of comparative advantage may be applied to a country’s output. Although natural resources within a country may often provide the best opportunity for comparative advantage, certain...

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The theory of comparative advantage may be applied to a country’s output. Although natural resources within a country may often provide the best opportunity for comparative advantage, certain countries are able to specialize in technology, labor, or other comparative advantage due to various factor endowments. Investigate an example of a comparative advantage of a country which is not a natural resource, and has been further augmented by additional investment in national infrastructure or education.



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The theory of comparative advantage may be applied to a country’s output. Although natural resources within a country may often provide the best opportunity for comparative advantage, certain countries are able to specialize in technology, labor, or other comparative advantage due to various factor endowments. Investigate an example of a comparative advantage of a country which is not a natural resource, and has been further augmented by additional investment in national infrastructure or education. Discuss in 3 paragraphs No plagiarism Use APA style Mention references and at least one scholarly, peer-reviewed reference in supporting your discussion






The theory of comparative advantage may be applied to a country’s output. Although natural resources within a country may often provide the best opportunity for comparative advantage, certain countries are able to specialize in technology, labor, or other comparative advantage due to various factor endowments. Investigate an example of a comparative advantage of a country which is not a natural resource, and has been further augmented by additional investment in national infrastructure or education. · Discuss in 3 paragraphs · No plagiarism · Use APA style · Mention references and at least one scholarly, peer-reviewed reference in supporting your discussion
Answered Same DayDec 27, 2021

Answer To: The theory of comparative advantage may be applied to a country’s output. Although natural resources...

Robert answered on Dec 27 2021
118 Votes
Japan’s comparative advantage.
Japan post war grew at an incredible pace, despite the lack of abu
ndant resources. Japan had
to import most of the raw materials as it lacked those resources. Japan started focusing on
enhancing the skills of its population and used human skills as a resource to convert the
imported raw materials into usable finished products.
Certain industries such as the electronics industry require a huge number of highly skilled
labor force. Japan started focused on better education and training, which gave them
abundant engineers, programmers and scientists. This skilled labor force was then used to
mass-produce and...
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