The most important factor in a country's ability to absorb foreign technology is:

Question

Quizplus · Accepted Answer

A country's ability to absorb foreign technology depends on its level of human capital, or the skills and knowledge of its workforce. A well-educated and skilled workforce is better able to understand and implement new technologies. While openness to trade and savings rates can also impact a country's ability to absorb foreign technology, they are not as critical as human capital. The type of government can also play a role, but it is not as important as the level of human capital.

The Most Important Factor in a Country's Ability to Absorb