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Question
Does Porter's model of competitive advantage predict the pattern of international trade that we observe in the real world?
A. Yes. Porter's model has been supported by detailed empirical testing.
B. No. Porter's model has not been subjected to detailed empirical testing.
C. No. Porter's model is outdated and cannot be used to predict modern trade patterns.
D. Yes. Porter's model stands out as the one single theory that best predicts international trade.
E. Yes. Porter's model, like the Heckscher-Ohlin theory, offers an accurate prediction of international trade patterns.
Answer
This answer is hidden. It contains 248 characters.
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