In a push to serve the North American market Samsung,a Korean firm,chose to locate production facilities in Mexico,mainly because
A) of lower labor costs in Mexico.
B) to circumvent trade barriers imposed by NAFTA.
C) because of colder weather in Canada.
D) none of the options
Correct Answer:
Verified
Q35: While there is no comprehensive theory of
Q36: Why do governments regulate international trade?
A)To raise
Q37: Factors of production include land,labor,capital,and entrepreneurial ability.Of
Q38: Labor services in a country might be
Q39: The key factors that are important in
Q41: According to the internalization theory of FDI,
A)firms
Q42: Many MNCs involved in extractive/natural resources industries
A)tend
Q43: Examples of intangible assets include
A)technological,managerial,and marketing know-how.
B)superior
Q44: The conflicts between the upstream and downstream
Q45: Intangible assets are often hard to package
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