Does Porter's model of competitive advantage predict the pattern of international trade that we observe in the real world?
A) Yes,Porter's model has been supported by detailed empirical testing.
B) We do not know because Porter's theory has not been subjected to detailed empirical testing.
C) No,Porter's model has failed to stand the test of time and is dated.
D) Yes,Porter's model stands out as the one single theory that best predicts international trade.
Correct Answer:
Verified
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