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Suppose that you contemplate shifting your production facilities to a better location. What economic factors should you carefully consider before proceeding with this decision? Illustrate
Suppose that you contemplate shifting your production facilities to a better location. What economic factors should you carefully consider before proceeding with this decision? Illustrate in a simple discrete-time or continuous-time analysis example how you would quantify the value of the option to shift production from one country to another.
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