A strongly competitive home market can sharpen a firms competitive advantage relative to firms located in less

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A strongly competitive home market can sharpen a firm’s competitive advantage relative to firms located in less competitive markets. This phenomenon is known as Porter’s “diamond of national advantage.” Explain what is meant by the “diamond of national advantage.”

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Multinational Business Finance

ISBN: 978-0134796550

15th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

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