Chapter 2. Chapter 2

Under Side Bar: Can Comparative Advantage be Created? The Case of “Icewine,” the article discusses how the Niagara Falls region of Canada “created” a comparative advantage in the production of a dessert wine made from frozen grapes. In this question, you will be asked to use data visualization to determine in what sectors a country has a revealed comparative advantage (RCA).

The source of the data is the World Bank, and it is available The World Bank. To access the data:

1. Using the menu on the right side of the page, choose the appropriate country.

2. On the data visualization, hover the cursor over the appropriate information to obtain the numerical value.

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Now you will utilize numerical data to obtain specific information on trade patterns, using data from the Massachusetts Institute of Technology (MIT), available The Observatory of Economic Complexity. To access the data:

1. On the top of the webpage, open a new tab by selecting “Countries.”.

2. The page will open to a random country. On the address bar, replace the country three-letter country identifier with “arg”.

3. On the original webpage, select “Countries” and replace the three-letter country identifier with “bra.”

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