Mercantilism created competition between companies, states, and countries. My teacher once gave me the example of a tree cutter making tables. It was about who makes the most profit.
Answer: "relative location" .
__________________________________
After World War II, the West German socialist chancellors included expansion of the welfare state:
- national health care
- unemployment insurance
- financial aid for college students
Hope this helps!
Blessings!!!
One effect that workers' low wages in China and Taiwan had on export sales was that "<span>B. other countries quickly bought the low-priced products," since low prices are always preferable to higher prices. </span>