National Competitive Advantage

National Competitive Advantage refers to the ability of a country to produce goods and services more efficiently and innovatively than others, leading to economic growth and global success. It is influenced by factors such as skilled labor, infrastructure, technological development, natural resources, and business environment. When a country effectively leverages these strengths, it can attract investment, boost exports, and stay competitive in international markets. Essentially, it explains why some countries excel economically and maintain their competitive edge over time.