Technological factors are making it feasible for firms to concentrate

QUESTION

Technological factors are making it feasible for firms to concentrate manufacturing facilities at optimal locations. The major brakes on this trend are:

A. differences in endowment factors.

B. transportation costs and trade barriers.

C. rising national differences in consumer tastes and preferences.

D. growing free trade areas and democracy.

E. declining fluctuations in exchange rates.

ANSWER

B