asked 83.1k views
3 votes
Given the data in the chart, over which country does the United States have a comparative advantage in oil production?

A.Canada
B.Russia
C.Saudi Arabia
D.Venezuela

Given the data in the chart, over which country does the United States have a comparative-example-1
asked
User Gkb
by
8.0k points

2 Answers

2 votes
The answer is A because Canada shows the most valuable amount of oil that produces. 
answered
User ItsLex
by
8.1k points
6 votes

The correct answer is A. The United States have an advantage over Canada in oil production, due to the fact that less work hours are needed to be able to produce it. This gives a significant advantage since it increases the availability of oil in one country respect to the other (in the United States it is easier to find oil than in Canada, so it would take less time to produce it).



answered
User Pmont
by
7.8k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.