Which of the following is not a classical country-based theory?
A)mercantilism
B)comparative advantage
C)national competitive advantage
D)absolute advantage
E)Heckscher-Ohlin

Question

Quizplus · Accepted Answer

National competitive advantage, also known as Porter's Diamond, is not a classical country-based theory. It was developed by Michael Porter in the 1990s, which is much later than the other theories listed, all of which were developed in the 18th and 19th centuries.

Which of the Following Is Not a Classical Country-Based Theory