Carmen is a vice president at TechWorks, an MNE that manufactures computer chips. TechWorks is considering expansion, and Carmen is responsible for identifying potential locations. Which of the following would best help Carmen assess the competitiveness of a country's manufacturing sector?
A) balance on services
B) balance on goods and services
C) balance on merchandise trade
D) official settlements balance

Question

Quizplus · Accepted Answer

The balance on merchandise trade, which includes the export and import of physical goods, is the most relevant indicator for assessing the competitiveness of a country's manufacturing sector. It directly reflects the performance of the manufacturing industry in international trade.

Carmen Is a Vice President at TechWorks, an MNE That