How will global trends such as the increase in labor costs in some emerging markets (e.g.China)impact national differences in the future and companies' decisions to exploit them?
A) Companies should consider both the current state of cost differences and the future state based on these trends, before they make a sound long-term commitment.
B) Some decisions may be economically viable based on the current differences but not as much attractive in the future.
C) An economically viable decision is time-independent.
D) Options a and b are both correct.

Question

Quizplus · Accepted Answer

As the labor cost in some emerging markets such as China increase,the national differences with advanced economies will diminish.

How Will Global Trends Such as the Increase in Labor