Business decisions to operate abroad depend on which of the following basic factors of production in the other country?

Question

Quizplus · Accepted Answer

Availability, price, and quality of labor are important factors for businesses to consider when operating in a foreign country. Other factors such as access to capital, trade agreements, and materials may also be important, but the availability and quality of labor can greatly impact a business's success in a foreign market.

Business Decisions to Operate Abroad Depend on Which of the Following