Discuss the extent to which factor availability is no longer an effective explanation of the competitiveness of regions or countries Abstract International economic has been a key area of concern in respect to development of various entities and personal evaluations. In the concept of business and marketing, there are various issues of great concern when analysing this particular economic concept. An outline of international economic is an important provision that gives relevant parties important information about regional economics. The introductory part in this paper is important as it gives a plan about the key issues to be addressed. Major considerable issue of concern is to understand various concepts that relates to international economic