The costs of different global value-chain activities are very similar.

Question

Quizplus · Accepted Answer

The costs of different global value-chain activities vary significantly depending on factors such as location, labor costs, transportation costs, and technology used. Some activities such as manufacturing may have higher costs, while others such as marketing and distribution may have lower costs. Thus, the costs of different activities within a global value chain are not necessarily similar.

The Costs of Different Global Value-Chain Activities Are Very Similar