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Long-Lasting Competitive Advantages Include

question 33

Multiple Choice

Long-lasting competitive advantages include
I.proprietary technology;
II.protected markets with high barriers to entry for other firms;
III.strategic assets that competitors cannot easily duplicate

Understand the theories explaining international economic relations, such as modernization theory, dependency theory, and world-systems theory.
Analyze the role of foreign investment, trade policies, and globalization on developing economies.
Examine the impact of colonization on the political and economic structures of colonies.
Discuss the impacts and strategies of neoliberal globalization policies on national economies.

Definitions:

Bachelor's Degrees

A type of academic degree awarded by universities and colleges upon completion of an undergraduate program of study.

Work Experience

The sum of an individual's professional background, including jobs held, skills developed, and levels of responsibility achieved.

Underrepresentation

Refers to the insufficient presence of certain groups in a particular context, often highlighting disparities in opportunities and outcomes.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.

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