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The document discusses several topics related to competitive advantage of nations including: 1. Michael Porter's diamond model of national advantage which identifies four attributes: factor conditions, demand conditions, related and supporting industries, and firm strategy, structure and rivalry. 2. New trade theory which looks at how differences in technologies and economies of scale across countries can generate trade. 3. Key economists that have contributed theories around nations' competitive advantages such as David Ricardo, Bertil Ohlin, and Eli Heckscher.Read less