Peru and Bolivia account for almost 97% of the production of Quinoa seed (pronounced Keen-wa),and most of it is sold to the U.S. ,Japan,and other wealthy nations.According to Duane Johnson,a former Colorado State agronomist who helped introduce the product into the U.S.several years ago,"This food is about the most perfect you can find for human diets." Although there are other areas where the seed will grow (including higher elevations in Colorado),the majority of the Quinoa sold in the U.S.is imported from Peru and Bolivia.These two nations have a(n)________________ in the production of Quinoa.

Question

Quizplus · Accepted Answer

Peru and Bolivia have a comparative advantage in the production of Quinoa seed because they are able to produce it at a lower opportunity cost than other countries. This is because they have the ideal climate and soil conditions for growing Quinoa, and therefore can produce it more efficiently and at a lower cost than other countries that may need to invest in resources to create ideal growing conditions.

Peru and Bolivia Account for Almost 97% of the Production