A products components are manufactured in a country that


A product's components are manufactured in a country that can produce them at a very low cost while maintaining its quality. These components are then assembled in another country where productivity in assembly is high. This process resembles the theory of ________.

  • comparative advantage
  • mercantilism
  • the international product life cycle
  • factor proportions

Solution Preview :

Prepared by a verified Expert
Mathematics: A products components are manufactured in a country that
Reference No:- TGS01627881

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)