Select a country of your choice (other than Saudi Arabia) and discuss its comparative advantage. What are the sources and the challenges? What is the role of the government? What policies should the government implement to enhance the comparative advantage?
- Embed course material concepts, principles, and theories, which require supporting citations along with at least one scholarly, peer-reviewed reference in supporting your answer unless the discussion calls for more. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.
- Use APA 7th edition and Saudi Electronic University academic writing standards.
- You are required to reply to at least two peer discussion question post answers to this weekly discussion question and/or your instructor’s response to your posting. These post replies need to be substantial and constructive in nature. They should add to the content of the post and evaluate/analyze that post answer. Normal course dialogue doesn’t fulfill these two peer replies but is expected throughout the course. Answering all course questions is also required.
This pricing policy would work because China has a comparative advantage in heavy and lighter goods both at the regional and global level. This fact therefore gives the Chinese government the power to decide the price of the exports of its goods. The government could control the prices of the goods at the regional and global level. Market research can be done to ensure that a unique price that is favorable to all the target market has been issued (Zhao, 2017). This move will showcase how the government is transparent and ready to protect its customers from exploitation.
Zhao, K. (2017). China’s public diplomacy for international public goods. Politics & Policy, 45(5), 706-732. https://doi.org/10.1111/polp.12223
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