Japan's domestic customers in the camera industry generated a high home demand, which has stimulate the innovation of cameras for the local and global market. in this case, affected japan's competitive advantage in the industry.

Local demand conditions.

Explanation:

Michael Porter developed the diamond model, which is a framework that identifies the factors that help some organizations in a given country to be internationally competitive because they are so innovative.

For Porter companies that have international competitive advantages have a set of localization advantages, which include:

answer; 20% is your answer;

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.