An international firm's competitive advantage depends not only on its resources and capabilities but also on the national environments in which it operates.

Question

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National environments can have a significant impact on an international firm's competitive advantage. Factors such as political stability, legal regulations, cultural differences, economic conditions, and infrastructure can all affect a company's ability to operate effectively and efficiently in a given market. Therefore, it is important for international firms to carefully consider the national environments in which they operate and adapt their strategies accordingly.

An International Firm's Competitive Advantage Depends Not Only on Its