Competitive Advantage of The US

Running head: COMPETITIVE ADVANTAGE OF THE US
Competitive Advantage of The US
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COMPETITIVE ADVANTAGE OF THE US
1
Country of choice:
The country of the choice for the research would be the United States of America.
Competitive advantage of the US: Sources and challenges:
The following are the competitive advantages of the United States of America:
Political stability:
The United States of America is a politically strong which, is one of its biggest sources
of competitive advantage. A stable federal government under the leadership of the president rules
the country. The stability of the American government is a source of strength to the country
because it enables the government form strong industrial policies, which enables the industries to
function smoothly. This is evident from the fact the country is home to global companies like
Apple Inc, Nike Inc and Amazon Inc. However, the conflict between the ruling party and the
opposition parties tends to challenge the stability of the government and its policies (Usa.gov,
2019.
Economically strong:
The second point of competitive strength of the United States of America lies its strong
economic condition. Firstly, the American economy is one of the richest economies in the world
with an expected GDP of $ 21.345 trillion in 2019. Secondly, the country is home to the leading
stock exchanges in the world namely, NYSE and NASDAQ. These stock exchanges under the
supervision of the government form strong policies for the stock market. The US stock market is
one of the strongest and largest in the world, which enables the listed companies to acquire
immense amount of capital, thus boosting their financial strength. These listed companies in turn
produce finished goods and services of high value, thus in turn contributing to the GDP of the