The United States Generally Has a Comparative Advantage in the Development

question 76

Multiple Choice

The United States generally has a comparative advantage in the development of technology because it has:

• A)large amounts of natural resources.
• B)a disproportionate share of the world's best research universities.
• C)the greatest need for new technology.
• D)patent laws, which no other country has.

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Definitions:

Legal Principle

A foundational concept or established rule of law that guides judicial decisions and legal reasoning.

Lower Courts

Courts that have jurisdiction to hear cases of less significance or that are the first level of the court system, also known as inferior courts.

Higher Courts

Judicial bodies at the upper levels of a legal system, which have the authority to hear appeals from lower court decisions.

Binding

A legal agreement or contract that is enforceable in a court of law.