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With an abundance of low-priced labor relative to the United States, it is no surprise that...

With an abundance of low-priced labor relative to the United States, it is no surprise that China, India and other developing countries specialize in the production of labor-intensive products. Where does that leave the United States? In what areas will the United States have a comparative advantage?

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Answer #1

so basically comparative advantage is mostly seen in terms of the production capabilities, united states is more equipped with capital, or we can say technology, united states is way ahead of lot of developing eceonomies in terms of technology, so all the products which are high technology based are always in favourable to be produced in united states, liek ifwe talk about artificial intelligence it isnt strong in developing countries because hardware is not such developed in developing countries but is is going at a very high pace in united states.

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