In the Competitive Advantage of Nations, Michael Porter (1990) analyzed the basis for a nation’s competitiveness by drawing a diagram of a diamond, where each of the four corners represents an underlying feature: factor conditions, demand conditions, related and supporting industries, and firm strategy structure and rivalry. He emphasizes that for any particular industry in a specific country to be internationally competitive, it must have a strong domestic presence of each of these four features as they relate to that industry. Discuss?

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