Porter considered four factors of production in developing his theory of international trade.These four factors help determine the difference in production between different countries.Describe and explain the four factors.Explain which factor would be more important and why for computer chips and hand made shoes.

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The Answer of Porter considered four factors of production in developing his theory of international trade.These four factors help determine the difference in production between different countries.Describe and explain the four factors.Explain which factor would be more important and why for computer chips and hand made shoes.

Porter Considered Four Factors of Production in Developing His Theory