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) of colder weather in Canada.
D) none of the above
Correct Answer:
Verified
Q21: A classic example for trade barrier-motivated FDI
Q23: The dominant source of FDI outflows
A)several developed
Q27: Governments regulate international trade
A)to raise revenue (e.g.
Q31: Trade barriers can arise naturally.Which of the
Q33: While there is no comprehensive theory of
Q34: Factors of production include land, labor, capital,
Q35: Severe imperfections in the labor market lead
Q36: Alternatives to firms locating production overseas include
A)exporting
Q38: Severe imperfections in the labor market lead
Q40: Why do governments regulate international trade?
A)To raise
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