It Is Sometimes Difficult to Transfer the Advanced Technologies of the Industrialized

question 30

Multiple Choice

It is sometimes difficult to transfer the advanced technologies of the industrialized nations to the DVCs because

• A) the technologies of the IACs are frequently based on relatively expensive labor and relatively cheap capital.
• B) the resource endowments of the IACs and the DVCs are highly similar.
• C) international patent laws prohibit such transfers.
• D) the technologies of the IACs are frequently based on relatively cheap labor and relatively expensive capital.

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Definitions:

Round Off

The process of adjusting numbers to the nearest value with fewer digits, typically used to simplify calculations and results.

Cubic Yards

a unit of volume measurement, especially for measuring materials like soil or gravel, equivalent to the volume of a cube with sides of one yard.

Topsoil

The uppermost layer of soil, which is fertile and rich in nutrients, important for plant growth.

Landscaping Firm

A business that specializes in modifying the visible features of an area of land, including living elements, terrains, and structures.