Many Developing Countries Have a Static Comparative Advantage in the Production

question 20

Essay

Many developing countries have a static comparative advantage in the production of one or two primary products.In what ways might specialization in these products contribute to growth and development? In what ways might this fail to contribute?

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Definitions:

Lith/o

A combining form used in medical terminology to denote a relation to stones or calculi, particularly in the organs of the urinary tract or gallbladder.

Combining Vowel

A letter, often 'o', used in medical terminology to join word roots, making the term easier to pronounce.

Polydipsia

A medical condition characterized by excessive thirst and fluid intake.

Poly-

A prefix in medical terminology meaning 'many' or 'much'.