What is comparative advantage ap human geography?

What is comparative advantage ap human geography?

Comparative Advantage – an economic concept related to Free Trade that says a country should specialize in certain products for export when they hold an advantage in producing those products, and import other products in which they do not have an advantage as compared to other countries.

Is AP Human Geography worth taking?

The AP® Human Geography exam is absolutely worth taking for many students. In general, AP® courses are valuable to guide students toward building college-level skills in a high school setting. AP® Human Geography is especially valuable as it serves as many students’ introduction to AP® courses.

What is complementary advantage in AP Human Geography?

complementary advantage. When two regions specifically satisfy each other’s needs through exchange of raw materials and or finished goods.

Is a 4 on AP Human Geography good?

A 3, 4, or 5 on an AP® exam is considered a passing score, with 3 described as “qualified”, 4 as “well qualified” and 5 as “extremely well qualified.” It is important to note that many universities will offer college credit for a passing score on an AP® exam, but be sure to verify with the AP® credit policy of any …

What does the term comparative advantage mean?

Comparative advantage is an economy’s ability to produce a particular good or service at a lower opportunity cost than its trading partners. A comparative advantage gives a company the ability to sell goods and services at a lower price than its competitors and realize stronger sales margins.

Should I take AP Human Geography or AP world?

AP Human Geo is a good class to take as a freshman, but AP World is significantly harder. Actually, it’s regarded as one of the hardest AP classes because you have to learn about 8000 years of history. It’s a more manageable course and a good introduction to AP-level rigor.

How do you find the comparative advantage?

To calculate comparative advantage, find the opportunity cost of producing one barrel of oil in both countries. The country with the lowest opportunity cost has the comparative advantage.

How do you explain comparative advantage?

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