Asked by Archit Barua on Apr 26, 2024

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_____ are a major factor that makes certain areas more desirable as manufacturing locations.

A) Offset agreements
B) Foreign exchange rates
C) Value-added taxes
D) Turnkey projects

Offset Agreements

Contracts that require a seller to invest in or provide benefits to a buyer's country as a condition of a purchase.

Foreign Exchange Rates

The value of one currency for the purpose of conversion to another, which determines how much of one currency can be exchanged for another.

Value-Added Taxes

A tax on the amount by which the value of an article has been increased at each stage of its production or distribution.

  • Gain insight into the elements that influence the decision-making process for choosing a production location.
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Verified Answer

KU
Kevin UlmerApr 30, 2024
Final Answer :
B
Explanation :
Foreign exchange rates significantly influence the cost of production, labor, and materials in a country, making some locations more financially attractive for manufacturing operations.