According to Vernon, what influences the movement of the locus of global production from advanced countries to developing countries?
A) cost considerations
B) factor endowments
C) domestic competition
D) supporting industries
E) firm structure

Question

Quizplus · Accepted Answer

Cost considerations influence the movement of the locus of global production from advanced countries to developing countries because developing countries typically have lower labor costs and other production costs than advanced countries.

According to Vernon, What Influences the Movement of the Locus