Compared with other countries, the United States' effective factor endowment is greatest for:
A) capital.
B) R&D scientists.
C) arable land.
D) unskilled labor.

Question

Quizplus · Accepted Answer

The United States has a significant advantage in research and development (R&D) due to its high investment in innovation, technology, and a large number of skilled scientists and engineers. This makes its effective factor endowment greatest for R&D scientists compared to other factors like capital, arable land, or unskilled labor.

Compared with Other Countries, the United States' Effective Factor Endowment