It has been estimated that all the world's oil could be used up within 40 years if consumption continues at the present rate. Write a report suggesting short-term and long-term solutions to this problem that your country could follow.

Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. in this case, the country that produces jeans will produce million pairs per week, and the country that produces corn will produce million bushels per week.