Understanding Evolution of Global Trade and Geopolitical Dynamics Quiz
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Questions and Answers

What is a critical determinant of a country's competitiveness in specific industries?

  • Technological innovation
  • Market access
  • Availability of skilled labor and human capital (correct)
  • Supply chain efficiency

Which factor influences a country's competitiveness by providing a comparative advantage in certain industries?

  • Human capital development
  • Regulatory environment
  • Natural resources or technological expertise (correct)
  • Market access and trade policies

What role does cost competitiveness play in determining a country's competitiveness in specific industries?

  • It is determined by regulatory compliance
  • It plays a significant role, including labor costs and energy prices (correct)
  • It influences international market expansion
  • It is shaped by sustainability practices

Which factor is crucial for a country's competitiveness in specific industries due to its capacity for technological innovation?

<p>Technological innovation (B)</p> Signup and view all the answers

What aspect plays a crucial role in shaping competitiveness in specific industries through adherence to quality standards and regulatory compliance?

<p>Corporate social responsibility practices (C)</p> Signup and view all the answers

Which factor is becoming increasingly important in assessing a country's competitiveness in specific industries?

<p>Sustainability considerations (D)</p> Signup and view all the answers

What determines a country's competitiveness in specific industries by its access to international markets and trade policies?

<p>Market access and trade policies (C)</p> Signup and view all the answers

Which aspect influences a country's competitiveness through its capacity for efficiency and productivity improvement?

<p>Efficiency and Productivity Improvement (B)</p> Signup and view all the answers

What determines a country's competitiveness in specific industries by its logistics infrastructure?

<p>Supply Chain Efficiency (C)</p> Signup and view all the answers

Which factor increasingly influences a country's competitiveness by its adherence to corporate social responsibility practices and sustainability standards?

<p>Corporate Social Responsibility (CSR) and Sustainability Practices (A)</p> Signup and view all the answers

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