1. Why do you suppose that soil, climate, and water conditions are among the key determinants of...

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1. Why do you suppose that soil, climate, and water conditions are among the key determinants of a region's or nation's comparative advantage in production of agricultural corps? (Keep in mind that the main determinant of comparative advantage is relative opportunity costs of producing alternative items.)
2. What other elements besides soil, climate, and water conditions do you suppose influence whether a region or nation develops a comparative advantage in an agricultural product? (What other factors of production are involved in producing agricultural goods?)
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Economics Today The Macro View

ISBN: 9780134478760

19th Edition

Authors: Roger LeRoy Miller

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