According to the application in the text, why can Nike shoes
Be produced at low cost in foreign countries?
A)Foreign countries have superior technology.
B)Foreign countries are strategic allies for the home country.
C)Labor costs in foreign countries are lower than in the United States.
D)Nike has no competition in the foreign country.

Question

Quizplus · Accepted Answer

The text explicitly states that Nike shoes can be produced at low cost in foreign countries because labor costs are lower in these countries compared to the United States. The text does not mention superior technology, strategic alliances, or lack of competition as reasons for the low cost of production.

According to the Application in the Text, Why Can Nike