The US is one of the biggest exporters of chopsticks. This is because the US has great resources in terms of forest products. This is an example of:
A) Factor endowments
B) Life cycle theory
C) Technology gaps
D) Information usage

Question

Quizplus · Accepted Answer

This is an example of factor endowments, as the US has access to the natural resources needed to produce chopsticks due to its abundance of forest products.

The US Is One of the Biggest Exporters of Chopsticks