Assignment
Read the following text and answer the questions which follow. Japanese companies struggle in Mexico Panasonic, the Japanese consumer electronics manufacturer, has erected a series of assembly plants in Tijuana, Mexico that employ nearly 3,000 people and turn out between 10,000 and 11,000 television sets every day. However, the recent removal of attractive tariff exemptions that had previously led to Panasonic locating its factories in Mexico will cost the company over £2m each year. Nevertheless Japanese companies intend to stay in Mexico. Its low wage costs - less than half those of cities only 30 minutes drive away in California - yet broadly comparable productivity figures make it an attractive location for manufacturing.
Question
1 What are the implications of situations like this for multinational firm activities?
2 What impacts might you expect in the advanced industrialized economies?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.