Competitive advantage refers to the ________.
A) belief that national prosperity is the result of a positive balance of trade, achieved by maximizing exports and minimizing imports
B) superior features of a country that provide unique benefits in global competition, typically derived from either natural endowments or deliberate national policies
C) distinctive assets or competencies of a firm that are difficult for competitors to imitate and are typically derived from specific knowledge, capabilities, skills, or superior strategies
D) relative absence of restrictions to the flow of goods and services between nations
Correct Answer:
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