You are the president of a small country and you are hoping to invest in a new industry. You have the opportunity to invest in growing oranges to export overseas or you could let your neighbors take over that industry while you invest in producing something else.
Based on the information below, would you rather invest in growing oranges in your country or invest in something else? Explain your decision in a short paragraph.
CLIMATE
Your country has a dry, desert climate, and your neighbors have a warm, rainy climate.
COSTS
Your country is able to grow oranges at a cost of 35 cents a pound, and your neighbors can grow them for 10 cents a pound.
SKILLS
Most citizens in your country are trained in the service industry, and most of your neighbors’ citizens are trained in agriculture and farming.
