Based on comparative advantage and the situation described above, <u>the country that would benefit is Canada, while the country would be at a disadvantage in the United States.</u>
<h3>What is Comparative Advantage?</h3>
Comparative Advantage is the economic term used to describe the economy's ability of a company or country to manufacture a specific commodity or service at a cheaper opportunity cost than its trading partners.
Therefore, currently, Canada is known to have many industries in the oil, such as petroleum and natural gas. Therefore, Canada can quickly produce and trade oil at cheaper production costs with the United States.
However, United States' top industry does not include auto part production; therefore, to trade auto parts with Canada would be expensive to the United States.
Hence, in this case, it is concluded that the correct answer is Canada would benefit, while the United States would be at a disadvantage.
Learn more about Comparative Advantage here: brainly.com/question/7045530
This is like checks and balances. They do this so one branch, or part, of the government can never get too powerful. Hope this helped!
<span>Men and women interact differently through conversations with friends and significant others. Men use conversation to establish their status with others, rarely to talk about feelings and more personal issues. Women use socialization to build intimate relationships with friends and lovers. They feel that when you discuss your troubles with a friend and they reciprocate you become closer.</span>
The correct answer is A. Books bags. a good example of monopolistic competion is texbooks. The monopolistic competition has the next characteristics:
There are many producers and many consumers in the market. And there is no company that has control over the price.
Consumers notice there are non-price differences.
There are few barriers to entry and to exit the market.
Producers can have some control on the price.
