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.

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