The China-ASEAN Free-Trade Area went into effect in 2010. Low wages have encouraged local and foreign manufacturers
Question:
The China-ASEAN Free-Trade Area went into effect in 2010. Low wages have encouraged local and foreign manufacturers to phase out their operations in relatively high-wage Southeast Asia and move them to China. For its Southeast Asian partners, what are the benefits of this current situation?
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Despite the movement of operations from Southeast Asia to China there are nu...View the full answer
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Related Book For 
International Business
ISBN: 978-0470530658
8th edition
Authors: Michael Czinkota, Iikka A. Ronkainen, Michael H. Moffett
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