What are the four components of national competitive advantage?
What will be an ideal response?
Answer: The four components of national competitive advantage are factor conditions; demand conditions; related and supporting industries; and strategies, structures, and rivalries. When all attributes of national competitive advantage exist, a nation is likely to be heavily involved in international business.
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The future value of a $500 ordinary annuity received for three years is $________ , assuming an investment rate of 10%:
A) 1,655.00 B) 665.50 C) 1,820.50 D) 335.65
Answer the following statements true (T) or false (F)
1. Because immigration is tightly controlled, the vast majority of immigrants to the U.S. are skilled workers. 2. U.S. trade policy has tended to focus on reducing tariffs and other barriers to trade. 3. Relying on corporate codes of conduct to establish fair labor standards in an international market is a lot like relying on human resource policies to establish fair labor standards in a domestic market. 4. Compared to other economic integration agreements, like NAFTA, one can say that the European Union has the greatest degree of integration. 5. The North American Free Trade Agreement includes a common monetary and fiscal policy between member nations.