How do nations that lack natural or other resources compete in international business and trade?
A) Governments continue to encourage the export of goods and services that have been historically profitable.
B) Competitive advantages are initiated by multinational focal firms that manufacture products in impoverished nations.
C) Nations create their own competitive advantages by investing in education, industry, and infrastructures.
D) National industries are created and large public works projects are initiated to create employment opportunities.
Correct Answer:
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