Question

The pattern of trade in the Porter's diamond theory is determined only by differences across countries...

The pattern of trade in the Porter's diamond theory is determined only by differences across countries in:

Climate.

Productivity.

Factor Endowments.

All of the above.

None of the above.

Homework Answers

Answer #1

Porter’s diamond model, developed in 1990, proposed a theory where it focussed on four basic factors playing a decisive role for a company. These factors help the company in investigating about the competitiveness in the market. These includes factor conditions, conditions in the demand, enterprise strategy, structure of the market, potential rivalry and supporting industries along with two assistant factors that are opportunity and government.

Correct choice is Productivity.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1. Evaluate the following two statements. (1) The Ricardian model predicts wages across countries are correlated...
1. Evaluate the following two statements. (1) The Ricardian model predicts wages across countries are correlated with labor productivity differences. (2) In the data there is a correlation between wages and productivity at the national level A Both are true B Both are false C (1) Is false and (2) is true D (1) is true and (2) is false 2. Does the Ricardian model imply that it is bad to trade with low wage countries? A Yes, lower prices...
Consider the following environment: there are two countries, Micronesia and Polynesia. There is only one factor...
Consider the following environment: there are two countries, Micronesia and Polynesia. There is only one factor of production, labor. Two commodities can be produced, Boats and Fish. It takes 5 hours of a Micronesian’s worker time to carve 1 Boat, while a Polynesian can complete the same task in 4 hours. Catching 1 pound of Fish takes a Micronesian worker 0.5 hours while Polynesians require 1 hour. There are 1,000 worker-hours in Micronesia and 750 in Polynesia. Perfect competition prevails...
[3] Specialization: A) increases dependence on markets and trade. B) permits greater levels of production than...
[3] Specialization: A) increases dependence on markets and trade. B) permits greater levels of production than would be attained without it. C) both of the above. D) none of the above. 3A You would expect an increase in international specialization among nations that: A) restrict trade with one another. B) face widening differences in the costs of different resources among those nations. C) experience an increase in a mentality that each nation is best at producing everything it needs. D)...
Consider a two countries, Portugal and England, that produce two goods, wine and cheese, with only...
Consider a two countries, Portugal and England, that produce two goods, wine and cheese, with only one factor of production, Labor. In Portugal, one unit of labor can produce 1 unit of wine or 1 unit of cheese. In England, one unit of labor can produce 1 unit of wine or 2 of cheese. There are 100 units of labor in Portugal, and 100 in England. Countries share the same tastes, and there is perfect competition. 1) Fill in the...
According to classical macroeconomic theory, changes in the money supply affect nominal variables and real variables....
According to classical macroeconomic theory, changes in the money supply affect nominal variables and real variables. nominal variables, but not real variables. real variables, but not nominal variables. neither nominal nor real variables. The sticky-wage theory of the short-run aggregate supply curve says that when the price level rises more than expected, production is more profitable and employment rises. production is more profitable and employment falls. production is less profitable and employment rises. production is less profitable and employment falls....
Please only answer the first question! The OECD is a club of the most advanced economic...
Please only answer the first question! The OECD is a club of the most advanced economic nations in the world – based on living standards and per capita income more than absolute size. Newer members include Turkey, Mexico and Hungary. China and India are not yet members despite their vast populations. Currently the OECD has 32 members. The 2009 OECD Employment Outlook discusses prospects for unemployment and possible policy responses. The evolution of unemployment depends on (a) the size of...
QUESTION 10 Which of the following is necessary for information to constitute a trade secret? A....
QUESTION 10 Which of the following is necessary for information to constitute a trade secret? A. It must be very important to a business. B. It must be maintained as confidential. C. It must have been used by the business for a minimum of five years. D. Two of the above. E. All of the above. 1 points    QUESTION 11 Medic Corporation is in the business of selling pills to relieve pain. The pills compete with Tylenol. Poison was...
Case study 1.3: Equal prize money in tennis A British cabinet minister has now stepped into...
Case study 1.3: Equal prize money in tennis A British cabinet minister has now stepped into the debate regarding equal prize money at Wimbledon, the British Open tennis championships. Patricia Hewitt (no relation to the men’s winner), the Trade and Industry Secretary, announced that it is ‘simply wrong’ that the winner of the men’s singles should collect £525,000, while the women’s winner should receive only £486,000, when they had both worked equally hard. The debate regarding prize money is not...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...