Why would U.S. companies consider moving production outside of our country?

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter20: The Global Economy
Section: Chapter Questions
Problem 18AA
icon
Related questions
Question
Why would U.S. companies consider moving production outside of our country?
Expert Solution
Step 1

There are many reasons for moving the production outside of the U.S. one of the main reason is the production cost.

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Global Economy
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
Economics
ISBN:
9780078747663
Author:
McGraw-Hill
Publisher:
Glencoe/McGraw-Hill School Pub Co