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.

---

Definitions:

Exploratory Phase

An initial stage in research or project development focused on investigating, experimenting, or gathering preliminary data without a predetermined outcome or hypothesis.

Communication Pieces

Various forms of media created to convey messages or information to a specific audience, including brochures, advertisements, and digital content.

Social Media Marketing Integration

This involves the strategy of blending social media tactics seamlessly into an organization’s marketing mix to enhance user engagement and spread brand awareness.