Solved

How Do Nations That Lack Natural or Other Resources Compete

Question 32

Multiple Choice

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents