Technological Changes Have Changed Production Worldwide Toward the Application of

question 30

Multiple Choice

Technological changes have changed production worldwide toward the application of
Computers to manufacturing processes. How does this affect countries that have a
Comparative advantage in the production of high-tech equipment, such as the United States?

• A) U.S. high-tech equipment manufacturers will face increased competition.
• B) U.S. exports will rise because of an increased demand for high-tech equipment.
• C) In the U.S., the cost of producing high-tech equipment will rise because of greater demand.
• D) U.S. imports will rise because the increased demand for high-tech equipment will require an increase in raw materials and other inputs.

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The duty or obligation of a child to care for their aging parents.

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An arrangement where a woman carries and gives birth to a child for another person or couple, who will become the child's parents after birth.