Here, the Nissan Altima, Toyota Camry, Chevy Malibu, Honda Accord, Ford Fusion, and Mazda6 face off in a contest of performance, style, comfort, and. America loves its high-riding SUVs and crossovers, but the midsize sedan is still our country's bulk auto. Here, the Nissan Altima, Toyota Camry, Chevy Malibu, Honda Accord, Ford Fusion, and Mazda6 face off in a contest of performance, style, comfort, and utility. More.
chapter 2 homework. STUDY. PLAY. the primary difference between absolute and comparative advantage is. absolute advantage refers to the ability to produce more of a good or service using the same amount of resources and comparative advantage refers to the ability to produce a good or service at a lower opportunity cost.
Porter's Diamond of National Advantage Classical theories of international trade propose that comparative advantage resides in the factor endowments that a country may be fortunate enough to inherit.Factor endowments include land, natural resources, labor, and the size of the local population. When the market for a particular product is larger locally than in foreign markets, the local firms devote more attention to that product than do foreign firms, leading to a competitive advantage when the local firms begin exporting the product. 2  A more demanding local market leads to national advantage.