Creative destruction occurs on an international level when:
A) war and sabotage destroy another country's capital base.
B) industrial espionage is used to take another country's technical know-how.
C) technological advances adopted by firms in one country adversely affect competing firms in another country.
D) countries ignore patents and copyrights and exploit intellectual property without paying royalties.
Correct Answer:
Verified
Q30: Which of the following statements about technology
Q31: Which of the following statements is FALSE?
A)
Q32: The concept that new, technologically advanced processes
Q33: A decrease in the demand for cameras
Q34: Creative destruction benefits an economy because:
A) replacing
Q36: Which of the following is most likely
Q37: The disappearance of cassette tape recordings is
Q38: In economics, production time frames are determined
Q39: To an economist, the short run refers
Q40: If a business can change the amounts
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