One way that less developed countries catch up with the
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One way that less developed countries catch up with the growth of the more developed countries is by adopting the techno
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One way that less developed countries catch up with the growth of the more developed countries is by adopting the technology of the developed countries. On average, however, developed countries are capital-rich and labor-short relative to the developing nations. Think of the kinds of technology that a typical developing country with a short supply of capital and a large marginally employed labor force would find when
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