Pseudo Comparitive Advantage: Logy Bay-Middle Cove-Outer Cove

This community has a very well utilized workforce, that is realizing its comparative advantage of being located on the coast. All three major aspects of its economy are relatively well structured.

The best competitive level for this community in terms of Demography is at the Provincial level where it has a moderate Pseudo Comparative Advantage

The best competitive level for this community in terms of Economic Structure is at the Provincial level where it has a moderate Pseudo Comparative Advantage

The best competitive level for this community in terms of Income Structure is at the Provincial level where it has a very high Pseudo Comparative Advantage

Overview

This is community is a relatively

competitive provincial labour supply centre
competitive regional labour supply centre
competitive local labour supply centre

This community can compete with similar-sized communities on a provincial, regional, or local scale.