All of the Following Are Distinct Advantages Mexico Has Over

question 27

Multiple Choice

All of the following are distinct advantages Mexico has over many Asian countries as a location for value creation activities,except:

• A) low-labour costs.
• B) more hard workers are found in Mexico than in Asia.
• C) NAFTA has removed many trade barriers between Mexico, the U.S., and Canada.
• D) proximity to the large U.S. market.
• E) all of these answers are correct

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Definitions:

Pessimistic Strategies

Approaches or methods based on expecting unfavorable outcomes or emphasizing negative aspects of situations.

Optimistic Strategies

Approaches or methods that involve a positive and hopeful attitude towards achieving goals or facing challenges.

Strategy Use

Involves the application of plans or methods to achieve specific goals, especially in learning or problem-solving contexts.

Cognitive-Experiential Self-Theory

A psychological framework suggesting that people operate based on two systems, the rational (cognitive) and the emotional (experiential), which influence their perceptions and behaviors.