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How Does Porter's Model of National Competitive Advantage Differ from the Heckscher-Ohlin

Question 59

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How does Porter's model of national competitive advantage differ from the Heckscher-Ohlin theory?


A) It looks more closely at the quality of factor endowments.
B) It examines only a country's imports.
C) It examines only a country's exports.
D) It does not encourage trade.
E) It does not explain why there are "winners" and "losers" in international trade.

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