Porter's diamond of competitive advantage has proven to be a powerful predictor of world trade patterns.
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Q33: According to Porter,the characteristics of home demand
Q34: A central point in Vernon's product life-cycle
Q35: Porter suggests that different nations are characterized
Q36: Raymond Vernon suggested that the wealth and
Q37: The Heckscher-Ohlin theory gains predictive power once
Q39: Trade is mutually beneficial,according to new trade
Q40: Factor endowments lie at the center of
Q41: Propagated in the 16th and 17th centuries,_
Q42: Trade produces net gains for all involved
Q43: The theory of _,developed by Michael Porter,focuses
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