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Read the following scenario and answer the questions below.
Northeast of Australia and northwest of Fiji lies the isolated tropical island of Tikopia. Less than two square miles in length, it supports 1,200 people and has been continuously occupied for nearly 3,000 years, with the population holding steady for much of that time. It has a two-month dry season every year and lies in the Pacific's cyclone belt, which destroys homes and gardens on an unpredictable but regular basis. Tikopia is too far away from other islands to have any regular contact; the islanders must be self-sufficient.
-People live in clans on the island. Within the clan, individual families are probably encouraged to ____________ in order to ____________.
Trade
The act of buying, selling, or exchanging goods and services between people or entities within or across borders.
Microchips
Compact devices made of semiconductor material, which include integrated circuits, used across a wide range of tech applications.
Tires
Rubber coverings placed around wheels to provide traction, support the vehicle's load, and absorb shocks from the road surface.
Absolute Advantage
A condition where a country, individual, or company can produce a good or service at a lower cost in terms of labor and resources than competitors.
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