Porter's diamond model of national advantage
A) claims that the ability of local firms in a country to use the country's resources to gain a competitive advantage is based on demand conditions, factor conditions, related and supporting industries, and firm strategy, structure, and rivalry.
B) links intra industry trade to relative levels of per capita income.
C) is based on anecdotal evidence.
D) explains trade surpluses.
E) is not affected by chance.
Correct Answer:
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