Nike (and firms like it)left South Korea because its economic success has caused labor prices to become too high.

Name: Nike (and firms like it)left South Korea because its economic success has caused labor prices to become too high.
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Question

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As South Korea's economy grew and developed, labor costs increased, making it less economically attractive for labor-intensive manufacturing firms like Nike, which then sought lower-cost manufacturing locations.

Nike (And Firms Like It)left South Korea Because Its Economic