Technology transfer comes only from nations importing new capital goods in the current account.

Question

Quizplus · Accepted Answer

Technology transfer can occur through various channels such as foreign direct investment, licensing agreements, joint ventures, or even international research collaborations. Importing capital goods is just one possible way of acquiring new technology, but it is not the only way. Technology transfer can also happen when knowledge is shared between firms, universities, or other institutions from different countries.

Technology Transfer Comes Only from Nations Importing New Capital Goods