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Library
Chapter 8
By Sophie Bejjani
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Last updated over 1 year ago
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Question 1
1.
Draggable item
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Corresponding Item
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Trade bloc
This is how close the business is located to its customers
Proximity to market
This is how close the business is located to its competitors
Proximity to competition
This is how close the business is located to its workers / labour
Government influence
This is how close the business is located to the supplier or its raw materials
Proximity to labour
Where a business decides to set up its operations
Location
This is when the government gets involved by offering incentives to set up in their country
Proximity to supplier materials
A group of countries situated in the same region that join together and enjoy trade free barriers