Underdeveloped nations can invest in creating stronger infrastructures and institutions of higher education in an effort to build comparative advantage.

Question

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By investing in strong infrastructures and institutions of higher education, underdeveloped nations can develop specialized skills, research and development capabilities, and innovative technologies, which can provide them with a competitive edge in various industries and sectors. This can help to attract foreign investment, create job opportunities, and increase economic growth and development. Ultimately, building comparative advantage is key to achieving long-term sustainable development and reducing poverty in underdeveloped countries.

Underdeveloped Nations Can Invest in Creating Stronger Infrastructures and Institutions