Michelle Maldonado- Economics Specialization Story Board.

Michelle Maldonado- Economics Specialization Story Board.
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Storyboard Text

  • My country's name is New Monte Republic. New Monte has deep thick forests.
  • My country is one of the biggest wood exports in the whole world. So we have the absolute advantage of producing wood and exporting it to other countries in the world.
  • One thing that my country lacks in is producing cotton. So we Import cotton from other countries, like the United States of America.
  • My country exports wood to many different countries. And we import cotton form the US. We have a lower opportunity cost in getting cotton from the United States. 
  • Dock
  • Exports and Imports 
  • Other countries use our wood to create homes, furniture, and many other things. 
  • We use the imported cotton to make our clothes and other necessities that we may need. 
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