What are the major elements of porters cluster theory, Accounting Basics

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What are the major elements of porters cluster theory

Problem

I. What are the major elements of Porter's Cluster Theory (Determinants of National Competitive Advantage)? Describe the elements within the theory. Use an actual cluster to briefly describe the theory.

II. Describe the various forms of Regional Economic Integration that exist today. What are the major differences between each Regional Economic Integration. In which of the above form(s) is smuggling between members still a problem?

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