The theory of national competitive advantage is an accepted model of ________.
A) why nations engage in international trade
B) outlining a company's greatest market strengths
C) how companies engage in global trade
D) when a nation should impose tariffs and quotas

Question

Quizplus · Accepted Answer

The theory of national competitive advantage seeks to explain why nations engage in international trade by highlighting the unique advantages that certain countries have in producing certain goods or services. It was developed by economist Michael Porter in the 1990s.

The Theory of National Competitive Advantage Is an Accepted Model