1. Globalization and Development
... competition giving people incentives to keep becoming more efficient. Liberals argue that multinational production works in a similar way. Many products are now made in more than one state. For example, a car could be designed in Germany, the car's silicon chips made in South Korea and the assembly of larger electronic components done in Malaysia, mechanical parts made in Mexico, the main ... car assembly done in Eastern Europe and the marketing, distribution and retail responsibilities going back to Germany. Multinational production capitalizes on the resources and skills available in ...
- Word Count: 7309
- Approx Pages: 29
- Grade Level: Graduate