Which of the Following Statements Is True in the Context

question 3

Multiple Choice

Which of the following statements is true in the context of attributes of national competitive advantage?

• A) Factor endowments do not encompass aspects such as managerial sophistication.
• B) Companies are typically least sensitive to the needs of their closest customers.
• C) The benefits of investments in advanced factors of production by related and supporting industries are confined to those industries.
• D) Domestic rivalry creates pressures to increase costs and avoid investing in upgrading advanced factors.
• E) The nature of home demand shapes the attributes of domestically made products.