We would expect Porter's model to predict _______,if he is correct.

Question

Quizplus · Accepted Answer

Porter's model, also known as the Porter Diamond Model or the Diamond Model, analyzes the factors that influence a country's competitiveness in international trade. It focuses on four key determinants: factor endowments (such as land, labor, and capital), demand conditions, related and supporting industries, and firm strategy, structure, and rivalry. Based on these determinants, the model predicts the pattern of international trade, i.e., which industries a country is likely to specialize in and export and which industries it is likely to import from other countries. Therefore, the best choice is C, the pattern of international trade. The other choices, such as currency exchange rates, WTO membership, and trade costs, are not specifically addressed by Porter's Diamond Model.

We Would Expect Porter's Model to Predict _______,If He Is