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Understanding Evolution of Global Trade and Geopolitical Dynamics Quiz
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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</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</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</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</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</p> Signup and view all the answers

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

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

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