High-income countries such as the United States spend a greater amount on services as compared to goods.

Name: High-income countries such as the United States spend a greater amount on services as compared to goods.
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Question

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In high-income countries like the United States, the service sector often accounts for a larger percentage of the economy than the manufacturing sector. Therefore, they are more likely to spend more on services than goods.

High-Income Countries Such as the United States Spend a Greater