A product will most likely be first manufactured in a low-cost labor country and exported to the rest of the world to take advantage of low-cost labor.

Question

Quizplus · Accepted Answer

A product in the early stages of its life cycle will most likely be sold to consumers in highly industrialized countries for a high price, accompanied by heavy promotion. A product will most likely be manufactured in a developed country and exported to the rest of the world.

A Product Will Most Likely Be First Manufactured in a Low-Cost