Many developing countries have a potential comparative advantage in manufacturing, but new manufacturing industries cannot initially compete with well-established industries in developed countries, according to:

A. economic development argument.

B. comparative advantage theory.

C. national security argument.

D. infant industry argument.

E. mixed economy theory.

D

Business

You might also like to view...

The Uniform Securities Act has been adopted in part by some states to bring ________ to state security laws

A) diversity B) accessibility C) uniformity D) accountability

Business

A state that when entered, cannot be left is called

A) transient. B) recurrent. C) absorbing. D) steady. E) None of the above

Business