According to the application in the text, why can Nike shoes be produced at a lower cost in some foreign countries?
A) Some foreign countries have superior technology.
B) Some foreign countries are strategic allies for the home country.
C) Labor costs in some foreign countries are lower than in the United States.
D) Nike has no competition in some foreign countries.

Question

Quizplus · Accepted Answer

The text states that Nike is able to produce shoes at a lower cost in some foreign countries because labor costs are lower in those countries.

According to the Application in the Text, Why Can Nike