As countries develop, they can no longer keep factor costs low and in order to remain competitive, they have to now improve efficiency and productivity. Their ability to do so drives the competitiveness of their economy at this stage of development more than the basic factors do. In other words, these countries say to the world market, "I can process resources more efficiently and hence do it cheaper". One could say these countries are an example of: Question 20 options: A) innovation-driven economies. B) efficiency-driven economies. C) marketing-driven economies. D) factor-driven economies