Multiple Choice
Which of the following observations is consistent with Michael Porter's theory of national competitive advantage?
A) Factors such as domestic demand and domestic rivalry explain nations' dominance in production.
B) Countries should produce only those goods for which they have a comparative advantage.
C) Interplay between the factors of production cause international marketing decisions.
D) International differences in labor productivity determine nations' supremacy in production.
Correct Answer:

Verified
Correct Answer:
Verified
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