The United States generally has a comparative advantage in the development of technology because of:
A) larger amounts of natural resources.
B) a high concentration of the best research universities.
C) tax incentives.
D) the existence of patent law, which no other country provides.

Question

Quizplus · Accepted Answer

The United States has a high concentration of the best research universities, which provide a fertile ground for the development of technology. These universities have world-class research facilities, highly skilled researchers and scientists, and attract the best and brightest students from around the world. This gives the US a competitive advantage in the global race for technological innovation. While the other options may also contribute to US technological development, they are not as strong of a factor as the concentration of top research universities.

The United States Generally Has a Comparative Advantage in the Development