Which of the Following Is True Regarding Porter's Diamond Theory

question 1

Multiple Choice

Which of the following is true regarding Porter's Diamond theory?

• A) It predicts that countries should be importing products from those industries where all four components of the diamond are favorable.
• B) Porter's theory has been proven to be an accurate predictor of the importing and exporting patterns of countries.
• C) It predicts that countries should be exporting products from those industries where all four components of the diamond those areas where the components are not favorable.
• D) Porter's theory has not been subjected to detailed empirical testing, so we do not know if it is correct.

---

Definitions:

Closed Sentence

A statement or equation that contains no variables and is either true or false.

Variable

A component, attribute, or aspect that is subject to change or variation.

Quantity

The amount or number of material or immaterial things.

Quality

Pertains to the characteristics or properties of an object or service that determine its perceived value or excellence, often in relation to standards or expectations.