Single Answer MCQ

Q-00045515

Why might an MNC prefer Mexico for assembly operations?

1

Higher manufacturing costs

2

Proximity to the US market

3

Availability of raw materials

4

Shorter production time in other countries

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Answer and Solution

Answer

B. Proximity to the US market

Solution:

Mexico's proximity to the US market often makes it a strategic location for MNCs to reduce shipping times and costs, hence improving market responsiveness.

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