Developing nations often evolve into high-tech electronics exporters by virtue of component part assembly by low-wage workers.

Question

Quizplus · Accepted Answer

Developing nations often attract foreign investment to set up factories for the assembly of component parts for high-tech electronics. This provides low-wage jobs for workers in the country and can lead to the development of a skilled workforce and eventually, the ability to produce and export high-tech electronics themselves.

Developing Nations Often Evolve into High-Tech Electronics Exporters by Virtue