_______,according to Michael Porter,are a nation's position in factors of production such as skilled labour or the infrastructure necessary to compete in a given industry.

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According to Michael Porter, factor endowments are a nation's position in factors of production such as skilled labour or the infrastructure necessary to compete in a given industry. Demand endowments refer to a nation's position in terms of the size and sophistication of its domestic market. Factor competencies and national resources are not terms used by Porter in this context, and demand conditions refer to the characteristics of the buyer's needs and preferences, not the nation's position in factors of production.

_______,According to Michael Porter,are a Nation's Position in Factors of Production