One important reason for manufacturing in a third country is an attempt to _____ and thus price escalation.

Question

Quizplus · Accepted Answer

One of the important reasons for manufacturing in a third country is an attempt to reduce manufacturing costs and thus price escalation. The impact can be profound if you consider that the hourly cost of skilled labor in a Mexican maquiladora is less than $3 an hour including benefits, compared with more than $10 in the United States.

One Important Reason for Manufacturing in a Third Country Is