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Question
south korea’s comparative advantage in cellular technology can be attributed to: climate. factor endowments. specialized skills. exchange rates.
Brief Explanations
To determine South Korea's comparative advantage in cellular technology, we analyze each option:
- Climate: Not relevant to technological comparative advantage.
- Factor endowments: Refer to resources like labor, capital, etc. While important, specialized skills are more direct for tech.
- Specialized skills: South Korea likely has a workforce with specialized skills in cellular tech R&D, manufacturing, etc., driving its comparative advantage.
- Exchange rates: Affect trade but not the underlying comparative advantage source.
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B. specialized skills