Question

15.

Answer 1

Question 1

The correct answer is: "II and III"

In the global economy, Europe and East Asia are two core locations in terms of potential consumers, the first due to the high income levels that generate a highest amount of goods and services demanded per person and, in the second region, due to the large population that resides in the countries of the area.

Question 2

The correct answer is: "I only".

The mentioned locations are ideal for companies from developed countries to practice outsourcing, that consists on transfering manufacturing facilitities to developing countries where they can produce at a lower cost due to lower labor costs and also, in general, more relaxed regulations and taxation systems.