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Nation's relative position of advantage

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There are four factors that leads to a nation's relative position of advantage; such as endowment, demand, related/support industries, and strategy/structure/rivalry.

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Solution Preview

The actual four categories are strategy, structure and rivalry, demand conditions, related supporting industries, and factor conditions. The factor conditions, which is an element you don't have listed, are the conditions ...

Solution Summary

This solution explains if the relative position of advantage question listed is true or false. A thorough explanation is provided.

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