The Theory of Competitive Advantage Argues That

The theory of competitive advantage argues that

A) wealthier countries have an economic advantage over poorer countries, which they use to dominate the international system.
B) poorer countries have a natural resource advantage over wealthier countries because they control raw materials.
C) diversification within domestic economies reduces reliance on other countries and gives individual countries a clear advantage.
D) specialization benefits all countries because it means that each country is producing that which is most cost-efficient for them to produce.