The Ecuadorian Rose Industry
August 17th, 2015
1. What is the basis of Ecuador’s comparative advantage in the production of roses?
2. Most Ecuadorean roses are sold in the United States or Europe. Who in these countries benefits from the importation of Ecuadorean roses, and how do they benefit? Who loses? Do you think the benefits outweigh the costs?
3. How does the rose export industry benefit Ecuador? Do these benefits have any implications for the United States and Europe?