Question

Why “Theory of National Competitive Advantage” is treated as the best theory of international
business? Explain.

Answer 1

Answer : Theory of national competitive advantage is a model that is designed to help and understand the competitive advantage that nations or group that possess due or available where different factors have been available .There are various reason which shows that the national competitive advantage has been gained in systematic manner as follows :

1.The government has been able to decide what is to import and which quantityu should be exported to the another country in systematic manner.

2.. The national competitive advantage helps in overall economic development of the country in a well mannered way.

3. Resources should be utilised in a logical and systematic manner.

4. Each country firm used its resources in a systematic and useful manner.

5.. It is best resulted in higher quality product has been available with them .

6. Developing countries industries has a better chance of development in logical manner.

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