Business, 28.01.2020 23:41 CameronVand21

Many of the common items that you use everyday are manufactured in asia. if the h-o model applies, what would account for this?
group of answer choices:
o asian countries are abundant in low-skilled labor, and so items can be manufactured at lower opportunity cost.
o asian countries do not enjoy a comparative advantage in any economic activity, so they end up being exploited by wealthy countries.
o the us has used its military power to oppress the asians and force them to work for low wages.
o global corporations have located their manufacturing operations in asia in their attempt to impoverish the people of asia.

Answers: 3

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Many of the common items that you use everyday are manufactured in asia. if the h-o model applies, w...

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