4.2.3- assessment of a country as a production location

Question 1

What are the 5 ways to assess a country as a production location?

Answer 1

1) cost of production
2) infrastructure
3) position within a trading bloc
4) political stability
5) natural resources

Question 2

How does infrastructure help assess the country as a production location?

Answer 2

Businesses will need to assess roads, sea, rail and air transport systems. They will also need to check power systems

Question 3

Why is it good for a business to locate in a country within a trading bloc?

Answer 3

Gain access to trade freely across borders

Question 4

Why is it good to locate near natural resources?

Answer 4

They are bulky and expensive to transport so being located near them is an advantage as it lowers cost

Question 5

Why should a business assess skills of workers before deciding what country to produce in?

Answer 5

if a business located somewhere with low skilled workers business may have to invest into training those workers so should check workers would be able to meet requirements to maintain quality standards