Which is an example of movement of factors of production between countries within an industry?
A) an employee quitting work in an automobile firm in the U.S. and joining another
B) an employee moving from a steel firm to an automobile firm in the U.S.
C) an employee moving from one steel firm to another in a different country.
D) an employee moving from a steel firm to an automobile firm in a different country.

Question

Quizplus · Accepted Answer

C) represents the movement of labor, a factor of production, between countries within the same industry (steel), highlighting international mobility within a specific sector.

Which Is an Example of Movement of Factors of Production