Now that it has gained entry to the World Trade Organization, China represents a threat to Mexico as a low-cost manufacturing location.

Question

Quizplus · Accepted Answer

China's entry into the World Trade Organization (WTO) has intensified global competition, particularly in manufacturing, due to its lower labor costs and massive production capacity, posing a competitive threat to countries like Mexico that also rely on low-cost manufacturing for economic growth.

Now That It Has Gained Entry to the World Trade