Advantages that arise from using resource endowments or assets that are tied to a particular place and that a firm finds valuable to combine with its own unique assets are known as
A) location-specific advantages.
B) capital-specific advantages.
C) absolute advantages.
D) production factor advantages.

Question

Quizplus · Accepted Answer

By location-specific advantages, John Dunning means the advantages that arise from utilizing resource endowments or assets that are tied to a particular foreign location and that a firm finds valuable to combine with its own unique assets.

Advantages That Arise from Using Resource Endowments or Assets That