Item 17Item 17 According to the infant industry argument, many developing countries have a potential in manufacturing, but new manufacturing industries cannot initially compete with established industries in developed countries.

The correct answer is Comparative advantage.

Explanation:

To begin with, it is important to define what a comparative advantage is: this is defined as the ability of the country to produce goods with the least use of resources. Obviously the industries in developed countries are much more technified, even the majority of already established industries cannot compete in the same way because they do not have enough technology. The problem of manufacturing industries is that in the case of developed countries raw materials are imported at a price well below those who acquire it in the same country, and this has a negative impact on production costs and therefore on the final price. of the product.