Why Would You Expect Firms with High Research and Development

question 143

Short Answer

Why would you expect firms with high research and development costs to be more interested in free trade?

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Definitions:

Systematists

Systematists are scientists who study the classification and evolutionary relationships among organisms, organizing them into systems of taxonomy.

Evolutionary Relationships

Descriptions of how different species are connected to each other through common ancestors, detailing the path of divergence and speciation.

Convergent Evolution

A process where organisms not closely related independently evolve similar traits as a result of having to adapt to similar environments or ecological niches.

Homology

The existence of shared ancestry between a pair of structures, or genes, in different species.