A Less-Developed Nation Will Be Able to Benefit Substantially by Adopting

Multiple Choice

A less-developed nation will be able to benefit substantially by adopting the technologies and the business practices that have been successful in other nations, but only if

A) its wages are low enough.
B) its population is large enough.
C) it first educates its citizens well, so they can use the new ideas.
D) it improves its institutions so that investors are willing to import the capital and any expertise needed to take advantage of the advanced production techniques that are available.