Which of the following factor endowments would be classified as an advanced factor by Michael Porter?
A) Demographics
B) Climate and location
C) Natural resources
D) Skilled labor
Correct Answer:
Verified
Q113: What is meant by the term free
Q129: Sophisticated and demanding local customers in Scandinavia
Q131: Technological leadership in the U.S.semiconductor industry provided
Q132: Porter,in his model of competitive advantage,suggested that
Q133: Which of the following factor endowments would
Q135: Porter argues that a nation's firms gain
Q136: If a company were to draw from
Q137: Describe Adam Smith's concept of absolute advantage.
Q138: How does the theory of comparative advantage
Q139: Who argued that successful industries within a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents