Where firms manufacture within free trade market blocs like the EU or Mercosur, where there are common technical standards among markets and similar demand patterns for finished goods, they are likely to use:

Question

Quizplus · Accepted Answer

In free trade market blocs like the EU or Mercosur, firms are likely to use regional sourcing from neighboring countries due to common technical standards and similar demand patterns, which makes it more efficient and cost-effective than sourcing globally or nationally.

Where Firms Manufacture Within Free Trade Market Blocs Like the EU