For this assignment, you must post a memo to the Discussion Board consisting of 750-1,000 words in which you discuss and explain the forms of competitive advantage. The memo must also contain real-life examples of industries that encounter each of the forms of competitive advantage. For full credit, you must address the following in your posting:
* Define and discuss absolute advantage.
* Define and discuss comparative advantage.
* Define and discuss national competitive advantage.
* Give real-life examples of industries that encounter the different forms of competitive advantage.
* Explain how the different forms of competitive advantage affect international business and domestic business.
* Describe how outsourcing and/or off-shoring affects the forms of competitive advantage.
* Explain how the exchange rate affects the forms of competitive advantage.