What are two of the greatest factors that allow other countries to compete globally?

A

The first factor that allows countries to compete is that global trade is possible. Different nations may introduce their good and technologies to the global market, thus, developing competition.

The second factor is specialization. Specializing in a certain field of science, technology, or production, a nation becomes more competitive in this sphere.

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Academic.Tips. 2021. "What are two of the greatest factors that allow other countries to compete globally?" June 10, 2021. https://academic.tips/question/what-are-two-of-the-greatest-factors-that-allow-other-countries-to-compete-globally/.

1. Academic.Tips. "What are two of the greatest factors that allow other countries to compete globally?" June 10, 2021. https://academic.tips/question/what-are-two-of-the-greatest-factors-that-allow-other-countries-to-compete-globally/.


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Academic.Tips. "What are two of the greatest factors that allow other countries to compete globally?" June 10, 2021. https://academic.tips/question/what-are-two-of-the-greatest-factors-that-allow-other-countries-to-compete-globally/.

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"What are two of the greatest factors that allow other countries to compete globally?" Academic.Tips, 10 June 2021, academic.tips/question/what-are-two-of-the-greatest-factors-that-allow-other-countries-to-compete-globally/.

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