Labor Standards in Trade Are Typically Opposed by Most Developing

question 36

Multiple Choice

Labor standards in trade are typically opposed by most developing countries who believe that they will be used

• A) to further neo-imperialist colonial exploitation.
• B) to charge these countries with crimes against child-labor standards at the Hague.
• C) as a protectionist tool by import-competing producers in industrial countries.
• D) as a means of spreading U.S. Corporate Values and destroying local cultures.
• E) to hinder investment in foreign-based multinational corporations.

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Definitions:

Locate Facilities

The process of determining the most strategic places for operations, considering factors like cost, accessibility, and supply chain efficiency.

Supply Sources

The origins or providers of goods, materials, or services that a company uses in its operations, ranging from raw material suppliers to wholesalers.

Production

The process of creating goods and services by combining various inputs (labor, materials, technology, etc.) through different stages of manufacturing or provision.

Transportation Costs

Expenses associated with the movement of goods or people from one location to another, including fuel, labor, and maintenance.