Question

What conclusion can you draw about the comparative advantage other countries have in farming over Japan and the Koreas

Answer 1

Definitely Shipping the product and getting the produce to other countries. Central America has a definite advantage in location and shipping their products to other countries.

Answer 2

In regards to location, because Japan and the Korea's are not as centrally located as the European countries or North America. Due to where Japan and Korea are located, other countries have a comparative advantage when it comes to farming, farm land and distributing their farming items. Comparative advantage is defined as the ability or an individual or group to carry out an economic activity more efficiently than another activity.