Sunday, March 23, 2008

Polish Resources

Polish Natural Resources
-Coal
-Sulfur
-Copper
-Natural Gas
-Silver
-Lead
-Salt
-Amber
-Arable Land


Poland’s main import is oil since it lacks that natural resource. Also they import lots of machinery and electrical equipment since those industries are weak. This provides a comparative advantage because they then take these imports, combine them with their own capital and resources, like their mining industry, and produce valuable exports. Since they are rich in raw metals, that explains their high export of cars and car parts. Also they are big exporters of furniture and ships, which use lots of wood which they have abundant amounts arable land to produce it. This land also supports their strong agriculture exporting. Looking at their resources and comparing it to the production function, it seems that they are rich in the capital and labor sections and weak in the technology. They need lots of labor for all the mining activities and for agricultural development.

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