Which theory states that, lack of resources often helps countries to become competitive

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Question:

Which theory states that, lack of resources often helps countries to become competitive

A.

Competitive theory

B.

Porters Diamond Model

C.

Theory of Mercantilism

D.

Product life cycle theory

Answer» b. Porters Diamond Model

Note: The above multiple-choice question is for all general and Competitive Exams in India.