The valuable international business concept which shifts our attention “from recognizing the differences in competitive advantage to answering, which firms from which nations gain advantage in the industry", does not include the following among its key determinants: O Factor conditions Related and supporting industries O Portfolio investment Demand conditions

Imagine you are a manager doing a competitive analysis and are considering international expansion. Analyze the economy of the U.S. and compare/contrast to that of one other (first world or industrialized) country like Great Britian, Canada, Australia, Switerland, France and Germany. It term of the following: GDP Inflation/Deflation Unemployment rate Savings rate Stage in business cycle (and justify why) Income distribution Overall Well-being (including information from the Global Happiness indicator)

Can the sector in which a company is located influence the implementation of the IMS? Select one: a. No. b. Indifferent. c. Yes.

Please answer both