Vernon argues that pioneering firms in the United States kept producti

QUESTION

Vernon argues that pioneering firms in the United States kept production facilities closer to the market and centers of decision making because:

A. of the uncertainty and risks inherent in introducing new products.

B. they believed that foreign production facilities were inferior in technical skills.

C. they believed that U.S. labor costs were much lower than those in foreign markets.

D. the U.S. government was critical of outsourcing production to other countries.

E. of the high trade barriers implemented by several Asian and European countries.

ANSWER

A