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According to the global manufacturing model, if the clothing industry in Bangladesh matures, trends suggest that in 10-20 years, it will be able to compete with the high quality clothing industry in which one of the following countries?

1) China
2) India
3) United States
4) Japan

User Divi
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Final answer:

If the clothing industry in Bangladesh matures, it could potentially compete with the high-quality clothing industry of Japan in the next 10-20 years due to its comparative advantage and evolving production capabilities.

Step-by-step explanation:

According to the global manufacturing model, if the clothing industry in Bangladesh matures, it could potentially begin to compete with the high-quality clothing industry of countries that currently have well-established and advanced garment sectors. Trends suggest that in 10-20 years, it will be able to compete with countries like Japan, which has transitioned from textiles to electronics and high-end goods production but still maintains a reputation for high-quality manufacturing.

Bangladesh has a comparative advantage in garment production due to its lower opportunity costs relative to other goods, which allows it to specialize and potentially expand its production capabilities. As the industry develops and gains more skills, the quality of garments produced could improve, leading to competition with industries in countries known for high-quality production.

User DiaMaBo
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