
The United States is said to have an absolute advantage in producing food compared with Japan. Why does the US import oil? because it does not produce enough oil. Which is an example of a country that is overly dependent on another country for critical goods and services?Click to see full answer. Regarding this, why does the US import oil Edgenuity?Crude oil is not a homogenous product. The U.S. continues to import and export crude oil because the viscosity of oil (measured by its API gravity) being light or heavy and its sulfur content being low (sweet) or high (sour) largely determine the processes needed to refine it into fuel and other products. which region is most likely to export bananas to the United States? Central America . Thereof, what kind of advantage does a country have if it can make a product more inexpensively? Explanation: A comparative advantage is when one country can make a good more inexpensively and efficiently in comparison to another country. Comparative advantages plays a significant role in the American and world economy.How does specialization enable countries to trade with one another quizlet?A country can make and sell goods affordably and buy goods that it is inefficient at making.
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