Which Statement Reflects a Pervasive Finding of Porter's Study

question 122

Multiple Choice

Which statement reflects a pervasive finding of Porter's study?

• A) Successful industries within a country tend to be grouped into clusters of related industries.
• B) Trade increases the specialization of production within an industry.
• C) The pattern of trade we observe in the world economy may be the result of first-mover advantages.
• D) Purchasing power parity of a country determines its demand conditions.
• E) Differences in technology may lead to differences in productivity, which in turn, drives international trade patterns.

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Definitions:

Measles

A highly contagious viral disease that presents with fever and a red rash, usually affecting children and potentially leading to serious complications if untreated.

Social Category

A classification of people based on shared attributes or characteristics, which can include race, gender, occupation, religion, etc.

Political Category

A classification used in the analysis and discussion of political phenomena, often based on ideology, affiliation, or governance structure.

Inequality

The state of not being equal, especially in status, rights, and opportunities.