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Why is hard for developing countries to produce capital inside the country?
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What developing countries produce sugar?
2007/08ProductionMillion TonsExportsMillion TonsPopulationMillionsPer Capita Consumption KgsBrazil31.35520.95719058India28.8043.29811720EU17.5671.40049034China14.674-31411Thailand8.0335.2886536United States7.701-30129Mexico5.9780.35010752SADC5.8342.41015722Australia5.0133.7502047Pakistan4.891-16525
Why might a country like China decide to produce labor intensive goods while a country like the US would decide to produce capital intensive goods?
Simple answer: the Hecksler-Ohlin model of trade describes that countries, as they specialise in goods in which they possess comparative advantage, devote labour/capital to that good. In this case, other goods are pushed out of the market as the dominant input (labour or capital) in the advantaged good rises in price. I.e.) China specialises in manufacturing; manfacturing is labour-intensive. Labour and capital shift to manufacturing. The price of the two rises, pushing other goods out of the market, especially capital-heavy goods (since labour is needed in manufacturing). In general, many countries specialise in a good because they possess plentiful inputs needed for that good. I.e.) The U.S. has a lot of capital. Therefore, capital has more competition and is cheaper to access. Capital-intensive goods are cheaper to produce, and so more capital-intensive goods are produced with higher profit-margins.
What is a good that is sent out of the country?
Those are called exports. Every country has different goods that they produce and export to other countries.
When a country is able to produce a product at a lower price than other countries it is said to have?
lopol
If no foreign compaines produce in a country but many of the country's compaines build products in foreign countries then it is safe to say what?
The country's GNP is greater than its GDP
What country does not produce coal?
small countries such as Singapore
Which country produce large quantity of Sternum?
The Western countries produce the large quantity of Sternum.
What countries produce polyester?
the country that produces polyester is Asia.
Which country or countries produce both emeralds and sapphires?
US & India
What are the characteristic of developing countries?
The characteristics' of developing countries are economic growth ,and culture because the culture is the type of behavior or such as traits by what you might be living or learning. Economic growth is the population of peoples, animals, or plants that are gaining a role a(n) important cycle in peoples or animals lifes. Also, Economic growth has something to do with the "adaptations."
In what country or countries did Salvador Dali produce artwork?
Spain, France, the USA.
Which country produces tractors forklifts buses?
Many modern countries produce them
What developing countries produce sugar?
2007/08ProductionMillion TonsExportsMillion TonsPopulationMillionsPer Capita Consumption KgsBrazil31.35520.95719058India28.8043.29811720EU17.5671.40049034China14.674-31411Thailand8.0335.2886536United States7.701-30129Mexico5.9780.35010752SADC5.8342.41015722Australia5.0133.7502047Pakistan4.891-16525
What country does lamb come from?
Most countries produce lamb but WALES and NEW ZEALAND produce especially good lamb.
Why might a country like China decide to produce labor intensive goods while a country like the US would decide to produce capital intensive goods?
Simple answer: the Hecksler-Ohlin model of trade describes that countries, as they specialise in goods in which they possess comparative advantage, devote labour/capital to that good. In this case, other goods are pushed out of the market as the dominant input (labour or capital) in the advantaged good rises in price. I.e.) China specialises in manufacturing; manfacturing is labour-intensive. Labour and capital shift to manufacturing. The price of the two rises, pushing other goods out of the market, especially capital-heavy goods (since labour is needed in manufacturing). In general, many countries specialise in a good because they possess plentiful inputs needed for that good. I.e.) The U.S. has a lot of capital. Therefore, capital has more competition and is cheaper to access. Capital-intensive goods are cheaper to produce, and so more capital-intensive goods are produced with higher profit-margins.
What African countries produce petroleum?
Nigeria is an African country that has petroleum reserves.
How do develop and developing countries different?
Developed countries produce large quantities of goods, services, and in general do a lot of manufacturing. Countries such as these use science to improve technology and generally have good health care and education for their people, as well as adequate food, clothing, and housing. Developing countries practice subsistence farming and often have a poor income, clothing, and housing. Very few people in developing countries receive proper health care or education, and life expectancy is relatively short. Most developing countries also lack the resources needed for economic growth.
