John is a business executive who imports products from China to the United States. He is able to move products through Chinese customs quickly. Without paying bribes, he can find cheap transportation options, and he understands and responds quickly to customers' changing needs. Given this information, it can be said that John has _____.

Question

Quizplus · Accepted Answer

John's ability to navigate the specific challenges of importing products from China, such as moving products through customs quickly, finding cheap transportation, and understanding local market needs, indicates that he has location-specific human capital. This type of human capital refers to skills and knowledge that are valuable in a specific geographic location.

John Is a Business Executive Who Imports Products from China