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25 May, 09:15

A corporation seeks to minimize expenses by moving production and labor to periphery nations where labor costs are lower. Which term best defines this model?

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  1. 25 May, 09:46
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    The correct answer is flexible accumulation.

    Flexible accumulation occurs when a corporation seeks to minimize expenses by moving production to areas where the labor costs are lower. The ability to do this has become much easier because of the existence of innovative communication and transportation technologies.
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