Alice, the global marketing director of a multinational electronic goods manufacturing firm, is assigned the task of expanding her firm in new markets. She learns that hiring labor is expensive and that the required technical manufacturing equipment is unavailable in the international market. In this scenario, which of the following is most likely affecting the global trade of Alice's firm?
A) Lack of innovative ideas
B) Increased dependence on one economy
C) Limited access to factors of production
D) Absence of plentiful capital

Question

Quizplus · Accepted Answer

Limited access to factors of production is affecting Alice's firm, as hiring labor is expensive and the necessary technical equipment is unavailable.

Alice, the Global Marketing Director of a Multinational Electronic Goods