As is evident from earlier chapters, competitiveness is an essential ingredient for successful corporate performance. Many writers have written extensively on the subject, perhaps the most prominent among them are Gold  and Porter [2,3]. Gold is particularly noteworthy for his pioneering empirical work on analysis of productivity and costs of whole sectors of industry in the US and elsewhere , while Porter concentrated on defining and promoting the concept of competitive advantage. In the context of the themes pursued in this book, it is appropriate to examine certain aspects of Porter’s work
KeywordsExchange Rate Competitive Advantage Unit Labor Cost Trade Surplus World Export
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