Question: Pick a country and evaluate its comparative advantage and comparative disadvantage. Then based on your findings, determine which of the following is a better business

Pick a country and evaluate its comparative advantage and comparative disadvantage. Then based on your findings, determine which of the following is a better business opportunity for a multinational corporation (choose only one).

  • To manufacture in that country: State what commodity is best produced there.
  • To import finished commodities from that country: State what type of commodities.
  • To export commodities to that country: State what could be sold there.
  • State the name of the country and the size of its economy, population, its major manufactured commodities, and its top two imported and two exported commodities.
  • Data: Roots of Comparative Advantage: Use data, graphs, facts, figures, or statistics to describe the countrys comparative advantage, and also state its comparative disadvantage. State the reason your country has that comparative advantage. Basically, what makes it better at producing what it is producing (or could potentially produce) than other countries?
  • Findings and Analysis: State how the country you selected is benefitting from its comparative advantage in the international market.
  • Conclusion and Looking Ahead: Managerial Critical Thinking: Opinion: Based on what you have learned and based on your understanding of comparative advantage (and comparative disadvantage) for your selected country, what business approach could a multinational corporation use to benefit from that country's comparative advantage, comparative disadvantage, and resources?

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