The US Is Very Strong in High Technology and Would Do

question 9

Multiple Choice

The U.S. is very strong in high technology and would do better to emphasize this strength. This is an example of:

• A) the economies of scale theory.
• B) the theory of comparative advantage.
• C) the theory of factor endowments.
• D) the absolute cost theory.

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Definitions:

The State

An organized political community under one government, recognized as sovereign or exercising authority over a specific territory.

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