Project 2 will consist of an application of the theory of comparative advantage as augmented by endowment theory.
In your report, consider the economic inventory of the USA and use that inventory to predict the top 3 items the country is likely to export.
Should the exports be labor or capital intensive? Why? Conclude your report with an empirical test of your hypothesis. What are the top 3 exports of the USA. Are they labor or capital intensive at all?
Did this information match your prediction? The document should be doubled-spaced, and should be between 800-1000 words of core content (approximately 3-4 pages, excluding title page and references.)