Factor endowments is one of the four interacting aspects of the theory of national competitive?advantage of industries.

Question

Quizplus · Accepted Answer

Factor endowments, along with related and supporting industries, demand conditions, and firm strategy, structure, and rivalry, are the four interacting aspects of the theory of national competitive advantage of industries, proposed by Michael Porter in his book "The Competitive Advantage of Nations".

Factor Endowments Is One of the Four Interacting Aspects of the Theory