Porter suggests the following reasons for one nation being more competitive than another

Related MCQs

• _______________ occurs when production shifts to more efficient producers for reasons of comparative advantage, allowing consumers access to more goods at a lower price than would have been possible without integration.
• If a nation has an open economy it means that the nation:
• International trade forces domestic firms to become more competitive in terms of
• A Most Favoured nation status doesn’t necessarily refer to
• _______ theory states that, lack of resources often helps countries to become competitive
• ________theory states that, lack of resources often helps countries to become competitive
• In the foreign exchange market, the ________ of one country is traded for the ________ of another country.
• In the foreign exchange market, the ________ of one country is traded for the ________ of another country.
• In which of the following types of regional economic integration are internal tariffs eliminated with member countries levying a common external tariff on goods being imported from nonmembers.
• ……………...is the payment method most often used in International Trade which offers the exporter best assurance of being paid for the products sold internationally.