Economics 2281 · O Level · Globalisation, free trade and protection

Globalisation, free trade and protection — practice question

A Japanese car manufacturer chose to make its cars in a factory located in Europe. What would not be a reason for making this choice?

  • Acheaper wage costs in Europe
  • Bthe availability of raw materials
  • Cto gain external economies from skilled labour in Europe
  • Dto increase Japanese self-sufficiency

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