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

Question

Quizplus · Accepted Answer

The given statement is an example of the theory of comparative advantage, which states that countries should specialize in producing goods and services that they can produce at a lower opportunity cost than other countries. In this case, the U.S. has a comparative advantage in high technology, and therefore should focus on producing and exporting such goods and services.

The US Is Very Strong in High Technology and Would Do