Hello Tutors, I really need help on this one, I hope someone can help me answer the following, I am very appreciative for all the help I will get, thank you in advance, God bless!

• Answer in a substantial and comprehensive manner.
• Chooseone (1)item only.

QUESTIONS: 1. The theories of absolute and comparative advantage and the product life cycle all contribute to the explanation of the international trade process. Select two to three different types of products and discuss the likelihood that (a) an innovating country, (b) a rapidly developing country, and (c) an emerging country would enjoy an absolute advantage, a comparative advantage, or no particular advantage as each of the products moves through the four stages of the product life cycle. Be sure to cite examples and explain your reasoning. 2. Select two large multinational enterprises, one consumer-oriented (e.g., McDonald's) and one industrial (e.g., Newmont Mining). Then discuss the concept of complementarity within the context of the operations of those two firms. What equipment, components, and/or complementary products are needed in host countries as a result of their foreign operations that may stimulate foreign trade in both the short and the long run? 3. The factor-proportions theory and the country-similarity theory both address patterns of trade, ie., partner nations. Compare and contrast the two theories. In what ways are they complementary and in what ways do they differ? Then select two countries and identify the natural and acquired advantages of those countries and compare their various economic, cultural, and political similarities. 4. Porter's Diamond deals with the competitive advantages of nations. Select two to three countries and make a simple comparative analysis of the four points of the diamond, as well as the recent roles of government in those nations. Conclude your discussion by exploring the associated competitive advantages that may accrue to foreign firms that choose to operate in each of those countries