Which of the Following Factors, According to Porter's National Diamond

question 90

Multiple Choice

Which of the following factors, according to Porter's national Diamond, is most likely to give a country competitive advantage over another country?

• A) Natural resources
• B) Climate
• C) Skilled labor
• D) Demographics

---

Definitions:

Bit Shift Left

An operation in binary arithmetic where the bits of a binary number are shifted one or more places to the left, effectively multiplying the number by a power of two.

Reserve Ratio

The fraction of depositors' balances banks must hold in reserve and not lend out.

Excess Reserves

Funds that banks hold over and above the legal reserve requirement set by central banking authorities.

Government Bonds

Securities issued by a government to raise funds from the public to finance its expenditure needs.