Lesson 1.3 Production

Ivy Devin

Ivy Devin

by Qinan (Devin) Xu -
Number of replies: 0

1. Cold chain technology has made Argentina more competitive in the global market, enabling it to export beef more efficiently than the United States. The United States lags relatively behind in cold chain technology and therefore loses this market.

2. Argentina, with its large share of frozen meat exports, is undoubtedly the winner. The United States, on the other hand, has lost this market, as evidenced by its declining share of global beef exports.

3. The primary industrie is cattle farm. The second industrie is slaughter house. The tertiary industrie is market sale meat.

4. USA export corn to Argentina because USA have comparative advantage in making corn and Argentina export beef to USA because Argentina have comparative advantage in making beef.