QuestionMay 24, 2025

Why do companies relocate production to other countries? To access better weather To reduce costs through cheaper labor To escape regulations in their home country To increase pollution in their home country How has globalization affected international trade? It has had no effect It has caused a significant decrease It has only affected certain regions It has led to a dramatic increase What is one major effect of the increase in international trade? Countries now import more food than they produce Countries specialize in producing goods and services that they are most efficient at Most countries have stopped exporting goods to other countries Countries are becoming more isolated economically and socially

Why do companies relocate production to other countries? To access better weather To reduce costs through cheaper labor To escape regulations in their home country To increase pollution in their home country How has globalization affected international trade? It has had no effect It has caused a significant decrease It has only affected certain regions It has led to a dramatic increase What is one major effect of the increase in international trade? Countries now import more food than they produce Countries specialize in producing goods and services that they are most efficient at Most countries have stopped exporting goods to other countries Countries are becoming more isolated economically and socially
Why do companies relocate production to other countries? To access better weather To reduce costs through cheaper labor To escape regulations in their home country To increase pollution in their home country How has globalization affected international trade? It has had no effect It has caused a significant decrease It has only affected certain regions It has led to a dramatic increase What is one major effect of the increase in international trade? Countries now import more food than they produce Countries specialize in producing goods and services that they are most efficient at Most countries have stopped exporting goods to other countries Countries are becoming more isolated economically and socially

Solution
4.6(341 votes)

Answer

To reduce costs through cheaper labor; It has led to a dramatic increase; Countries specialize in producing goods and services that they are most efficient at. Explanation 1. Identify reasons for company relocation Companies relocate production to other countries primarily **to reduce costs through cheaper labor** and **to escape regulations in their home country**. 2. Analyze globalization's impact on trade Globalization has **led to a dramatic increase** in international trade by reducing barriers and increasing connectivity. 3. Determine the effect of increased international trade One major effect is that **countries specialize in producing goods and services that they are most efficient at**, enhancing global efficiency and trade dynamics.

Explanation

1. Identify reasons for company relocation<br /> Companies relocate production to other countries primarily **to reduce costs through cheaper labor** and **to escape regulations in their home country**.<br /><br />2. Analyze globalization's impact on trade<br /> Globalization has **led to a dramatic increase** in international trade by reducing barriers and increasing connectivity.<br /><br />3. Determine the effect of increased international trade<br /> One major effect is that **countries specialize in producing goods and services that they are most efficient at**, enhancing global efficiency and trade dynamics.
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