According to Vernon, which of the following influences the movement of the locus of global production from advanced countries to developing countries?

Question

Quizplus · Accepted Answer

As the market in the United States and other advanced nations matures, cost considerations start to play a greater role in the competitive process. The locus of global production initially switches from the United States to other advanced nations and then from those nations to developing countries.

According to Vernon, Which of the Following Influences the Movement