4.2.3 assessment of a country as a production location Flashcards
1
Q
comparative advantages
A
is the idea that some countries can make products better than other
2
Q
define infrastructure
A
the basic physical and organisational structures and facilities needed for the operation of a society or business
3
Q
government incentives
A
the government of a country may offer incentives for businesses to set up there
4
Q
political stability
A
have a bearing on the business community as they will be unable to move production to a location that is at war
5
Q
ease of doing business
A
a ranking of nations designed by the World Bank
