How do nations that lack natural or other resources compete in international business and trade?
A) Governments continue to encourage the export of goods and services that have been historically profitable.
B) Competitive advantages are initiated by multinational focal firms that manufacture products in impoverished nations.
C) Nations create their own competitive advantages by investing in education, industry, and infrastructures.
D) National industries are created and large public works projects are initiated to create employment opportunities.
C
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Briefly describe the methods of forecasting future demand on the basis of past sales
What will be an ideal response?
In the virtual world, it is more complex but much less costly to manipulate the independent variable and control for mediating variables than it is in the real world
Indicate whether the statement is true or false