How Does Porter's Model of National Competitive Advantage Differ from the Heckscher-Ohlin

question 59

Multiple Choice

How does Porter's model of national competitive advantage differ from the Heckscher-Ohlin theory?

• A) It looks more closely at the quality of factor endowments.
• B) It examines only a country's imports.
• C) It examines only a country's exports.
• D) It does not encourage trade.
• E) It does not explain why there are "winners" and "losers" in international trade.

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Definitions:

Epinephrine

Also known as adrenaline, a hormone and neurotransmitter that plays a vital role in the body's fight-or-flight response, increasing heart rate, muscle strength, blood pressure, and sugar metabolism.

Heart Rate

Refers to the number of times the heart beats per minute, indicating the heart's efficiency in pumping blood throughout the body.

Blood Pressure

The pressure that circulating blood applies to the walls of blood vessels, which serves as an essential measure of heart and blood vessel health.

Gastric Tract Motility

The movements of the digestive system and the transit of the contents within it.