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My country is Brazil and I'm having a hard time understanding this question and finding resources to answer this question. Thank you! 4. Drawing upon
My country is Brazil and I'm having a hard time understanding this question and finding resources to answer this question. Thank you!
- 4. Drawing upon the New Trade Theory and Porter's Theory of National Competitive Advantage, outline the case that would build, or demonstrate, national competitive advantage in one of the following industries: biotechnology, pharmaceuticals, high tech electronics, or agriculture)
- Based on your selected country:
- Be clear on which industry you selected and whether this country can build national competitive advantage or they already have it.
- Define National Competitive Advantage known as Porter's Diamond (include enough citations to validate each aspect of the diamond:
- Apply each part of the diamond by researching your country and considering the industry selected.
- What are the factor endowment or conditions? Research Land, labor and capital. The most important aspect of Porter's theory is the factor conditions. Factor conditions are those elements that Porter believes a country's economy.
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