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Question $4$

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Choose the option that best describes the differnece between a company's competitive advantage a nation's competitive advantage.

A firm' competitive sadvantage comes from its competitors products, whereas a nation's competitive advantage is from the foreign competitor's products.

A nation's competitive advantage comes from its product or value chain, whereas a company's competitive advantage is from the collective advantages

A firm's competitive advantage is the same as a nation's competitive advantage, they are interchangeable.

A firm's competitive advantage comes from its product or value chain, whereas a nation's competitive advantage is from the collective advantages of all domestic firms in an industry.