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Beginning in 2017 a Large Heating, Ventilation, and Air-Conditioning Company

question 24

Multiple Choice

Beginning in 2017 a large heating, ventilation, and air-conditioning company transferred manufacturing to Mexico, resulting in the elimination of 700 North American jobs. This move is in response to which type of changing factors in the business environment?


Definitions:

Mercantilist Regulations

Economic policies and theories from the 16th to 18th centuries focusing on a nation's wealth accumulation through trade balance control, often through protective tariffs and government regulation of commerce.

Covenant Chain

Alliance formed in the 1670s between the English and the Iroquois nations.

Iroquois Confederacy

A coalition of Native American tribes primarily located in what is now New York State, historically known for their political union and influence.

Predestination

A theological doctrine that all events have been willed by God, particularly relating to the fate of the soul after death, found in various religious traditions.

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