the below-listed statements, please identify the one INCORRECT statement regarding the rationale for global production. Group of answer choices T-shirts are produced in Colombia and Bangladesh, and the yarn is woven and spun in Indonesia because the U.S. does not have the machinery or skilled labor to produce such T-shirts Improved technology has made it easier to have global production-consumption linkages. The increasing cost of labor in the richer economies has increased their labor cost of production and made their businesses less competitive. This has resulted in either the outsourcing of the more labor-intensive production to cheaper labor economies or reducing the labor component in their production with automation and robotics.
This is not a writing assignment, this is a multiple-choice question
From the below-listed statements, please identify the one INCORRECT statement regarding the rationale for global production.
Group of answer choices
T-shirts are produced in Colombia and Bangladesh, and the yarn is woven and spun in Indonesia because the U.S. does not have the machinery or skilled labor to produce such T-shirts
Improved technology has made it easier to have global production-consumption linkages.
The increasing cost of labor in the richer economies has increased their labor cost of production and made their businesses less competitive. This has resulted in either the outsourcing of the more labor-intensive production to cheaper labor economies or reducing the labor component in their production with automation and robotics.
The coffee production-consumption chain is global because coffee grows best in high hilly terrains, while coffee consumers are all over the world.
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