Porter's Diamond Model of national advantage:
A) claims that the ability of local firms in a country to utilize the country's resources to gain a competitive advantage is based on demand conditions,factor conditions,substitute products,and firm strategy,structure,and rivalry.
B) links intraindustry trade to relative levels of per capita income.
C) is based on anecdotal evidence.
D) claims that the ability of local firms in a country to utilize the country's resources to gain a competitive advantage is based on entirely on supply conditions and export conditions.
E) is not affected by chance.
Correct Answer:
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