1. What Comparative Advantage does China have in the global economy? 2. What comparative advantage does the United States have in the global economy?

China has a comparative advantage in heavy goods in nearby markets, and lighter goods in more distant markets.

One factor in America's comparative advantages is its vast landmass bordered by two oceans. It also has lots of fresh water, arable land, and available oil. U.S. businesses benefit from cheap natural resources and protection from a land invasion

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