Conditions in the diamond of national advantage

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Answer ONE of the following. Must be between 350-600 words. Must have intro, middle, and conclusion.

1. In a short essay, discuss the theory of absolute advantage and the reasons a country's efficiency improves based on this theory.

2. What are the four conditions in the diamond of national advantage? What are the limitations of the diamond of national advantage in explaining countries' competitive advantage?

3. How effective are commodity agreements?

Reference no: EM131195397

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