Underwater oil discovery to transform Brazil into a major exporter    The discovery of a huge...

90.2K

Verified Solution

Question

Economics

Underwater oil discovery to transform Brazil into a major exporter    The discovery of a huge oil field could make Brazil a large exporter of gasoline. Until two years ago Brazil imported​ oil; then it became​ self-sufficient in oil. With this​ discovery, Brazil will become a major exporter of oil.    ​Source: New York Times​, January​ 11, 2008 How has​ Brazil's comparative advantage in producing oil​ changed? What is the reason for this​ change? Question content area bottom Part 1 Brazil has changed from a country that​ _______ have a comparative advantage in producing oil to a country that​ _______ have a comparative advantage in producing oil. A. did​ not; does B. ​did; does not

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students