A successful shoe manufacturer has long been subcontracting production of their shoes to countries such as Vietnam. Which of the following concepts was likely considered when selecting production in this country?
a. Political uproar
b. Integrity
c. Contract law
d. Value-to-weight ratio
e. Comparative advantage of labor
Answer: d. Value-to-weight ratio
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.