Question

You are the president of a small country and you are hoping to invest in a new industry. You have the opportunity to invest in growing oranges to export overseas or you could let your neighbors take over that industry while you invest in producing something else.

Based on the information in the table above, would you rather invest in growing oranges in your country or invest in something else? Explain your decision in a short paragraph.

Answer 1

Answer:- - - -

CLIMATE

Your country has a dry, desert climate, and your neighbors have a warm, rainy climate.

COSTS

Your country is able to grow oranges at a cost of 35 cents a pound, and your neighbors can grow them for 10 cents a pound.

SKILLS

Most citizens in your country are trained in the service industry, and most of your neighbors’ citizens are trained in agriculture and farming.

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Answer 2

Answer:

Well, my decision would be based on several ither factors like favorable climate for growing oranges, soil, other facilities, etc. If I get those facilities I would grow oranges by my self. But if I dont get those, I would like to let my neighbours grow oranges on that and I would invest on something else.