If Thailand Is More Efficient at Producing Fax Machines and Telephone

question 144

Short Answer

If Thailand is more efficient at producing fax machines and telephone answering machines than Malaysia,then Thailand enjoys a(n)_____ advantage over Malaysia in the production of these products.

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Definitions:

Expatriates

Employees who are living and working in a country other than their home country, often for a certain period.

Global Corporation

A large business enterprise that operates and has assets in more than one country, often influencing global economics and politics.

Domestic Firm

A company that operates primarily within the borders of one country and focuses on the local market.

Overseas Markets

International regions or countries where products, services, and investments are directed for expansion and profit.