Competitiveness does not connote the ability of a nation to compete internationally in all its industries A. True B. False

Analysis of the Statement

The statement suggests a distinction between a nation's overall competitiveness and its capacity to excel in every industry on an international scale.

1. Understanding Competitiveness: Competitiveness generally refers to a nation's ability to provide goods and services that meet the test of international markets while maintaining or expanding its living standards.

2. Contextual Interpretation: While a country may be competitive in specific sectors (like technology, agriculture, or manufacturing), it does not necessarily imply that it has competitive advantages across all industries due to variations in resources, technology, workforce skills, infrastructure, etc.

3. Conclusion: Given this understanding, the statement's assertion aligns with the reality of international economic dynamics, where competitiveness is often industry-specific.

Final Answer

A. True - Competitiveness does not connote that a nation can compete internationally in all its industries.