Economics, Econometrics and Finance
7 years ago

New research reveals how trade can boost competitive advantage for nations.

Cambridge University Press eBooks
Trade and competitive advantage
Steven Brakman, Harry Garretsen, Charles van Marrewijk, A. van Witteloostuijn

Paper Summary

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The article discusses how trade can lead to competitive advantage. It explores different strategies that companies can use to stay ahead in the market. The researchers found that focusing on unique products or services can help businesses stand out from their competitors. They also highlight the importance of understanding consumer needs and preferences to tailor offerings accordingly. Overall, the article emphasizes the significance of trade in gaining a competitive edge in the business world.