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ModShoes Inc

Question 62

Multiple Choice

ModShoes Inc. decides to move its manufacturing facility from Toledo, Ohio, to Jakarata, Indonesia, because it will have access to lower-cost but still highly skilled labor. This choice reflects the concept of


A) a planned economy.
B) supply-and-demand.
C) location-specific advantages.
D) an oligopoly.
E) a comparative advantage.

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