Examlex
Under which of Yip's categories of drivers of internationalisation would you place economies of scale and favourable logistics?
Surplus Of Labor
A situation where the supply of labor exceeds the demand for labor, leading to unemployment or underemployment.
Minimum Wage
The lowest wage per hour that employers can legally pay their employees, as set by law or agreement.
Adverse Effects
Negative and potentially harmful outcomes or reactions caused by a procedure, policy, or product.
Poor
Describes individuals or groups lacking sufficient money or material possessions for a standard of living considered comfortable or normal in a society.
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