Contracting with foreign suppliers to manufacture products at lower costs than domestic production discourages global competition.

Name: Contracting with foreign suppliers to manufacture products at lower costs than domestic production discourages global competition.
Brand: Quizplus
Rating: 4.7 (44 reviews)

Question

Quizplus · Accepted Answer

Contracting with foreign suppliers to manufacture products at lower costs than domestic production actually encourages global competition by expanding market access and increasing affordability of products.

Contracting with Foreign Suppliers to Manufacture Products at Lower Costs