One way that developed countries specialize in order to gain acquired advantages is by ________.
A)allocating research efforts more heavily in specific sectors
B)emphasizing production in natural resource endowments
C)restricting imports to those in the service sector
D)subsidizing the transport of exports

Question

Quizplus · Accepted Answer

Developed countries often allocate research efforts more heavily in specific sectors where they have a competitive advantage or where there is high demand. This allows them to develop new technologies and products, which can give them a competitive edge in the global market. By specializing in specific sectors, these countries can also achieve economies of scale and become more efficient in production, further enhancing their competitive advantage.

One Way That Developed Countries Specialize in Order to Gain