Economic Development Workshop (Scenario)
Members of 50 different countries attended a workshop on economic development hosted by an international organization based in Geneva, Switzerland. Attendees of the workshop learned about techniques designed to assist countries in expanding their degree of economic development.
-Emerging markets act as manufacturing bases for global MNEs because of ________.
A) high regulations
B) high availability of low-wage workforce
C) well-developed infrastructure
D) strong intellectual property laws

Question

Quizplus · Accepted Answer

Emerging markets often serve as manufacturing bases for global Multinational Enterprises (MNEs) primarily due to the high availability of low-wage workforce, which can significantly reduce production costs.