Industrial and Economic Development

Front

Which of the following is a fixed factor, meaning it does not change as the levels of production changes?
Options:
land on which the factory is established, labor, costs, raw materials

Back

land on which the factory is established

Front

Why are maquiladora agglomerated along the border of Mexico and U.S.?

Back

To be closer to the U.S. markets

Front

What does the term 'outsourcing' refer to in the context of global economics?

Back

Contracting work out to an external organization