Which of the Following Statements Is True in the Context

question 23

Multiple Choice

Which of the following statements is true in the context of attributes of national competitive advantage?

• A)Factor endowments do not encompass aspects such as managerial sophistication.
• B)Companies are typically least sensitive to the needs of their closest customers.
• C)The benefits of investments in advanced factors of production by related and supporting industries are confined to those industries.
• D)Domestic rivalry creates pressures to increase costs and avoid investing in upgrading advanced factors.
• E)The nature of home demand shapes the attributes of domestically made products .

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Definitions:

Irrigation

The artificial application of water to soil, typically to assist in the growth of agricultural crops in dry areas or during periods of inadequate rainfall.

Hydrological Connection

The relationship and interaction between different bodies of water within the hydrological cycle, including surface water, groundwater, and atmospheric water processes.

Groundwater

The water present beneath the Earth's surface in soil pore spaces and in the fractures of rock formations.

Surface Water

Water that is found on the surface of the earth, such as in lakes, rivers, and ponds.