Tijuana, Mexico is across the border from San Diego, California. It has become a world-leading producer and exporter of television sets and computer monitors, which it assembles in modern factories owned by multinational consumer electronics firms such as Sony. Initially, these electronics were produced in the industrialized countries of their parent companies, and after several years, the
production moved to Tijuana. This is an example of
A) the product cycle.
B) intraindustry trade.
C) the specific factors model.
D) the magnification effect.
A
Economics
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If a union raises initiation fees significantly and if employers in the industry hire only union workers, the supply of union labor curve will shift to the left
a. True b. False
Economics
Which of the following will cause the investment demand curve to shift to the right?
A. An increase in disposable income. B. A decrease in the cost of labor. C. A decrease in interest rates. D. An improvement in technology.
Economics