Question

U.S. companies have made fewer manufacturing contracts with China in the last few years, preferring other countries in the region. Which of the following is a potential reason?

China has most-favored-nation trade status with the United States.
China has large reserves of cheap labor and can produce inexpensive goods.
China's standard of living has increased, and workers are requesting more pay.
Shipping costs from China over the Pacific Ocean have decreased.

Answer 1

@clayton4christ

Answer 2

With companies, it's all about the money. If you can pay someone in say, Vietnam less than someone in China to do the same exact thing, who would you pick?

Answer 3

C?