Once a New Technology Spreads and Is Adopted by Many

question 138

Multiple Choice

Once a new technology spreads and is adopted by many countries:

• A)the first country to use it may lose its comparative advantage.
• B)the first country to use it will lose its absolute advantage.
• C)other countries will perfect it, putting them at an absolute advantage.
• D)the country of origin will want to enact strict intellectual property rights.

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Definitions:

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