A successful shoe manufacturer has long been subcontracting production of their shoes to countries such as Vietnam. Which of the following concepts was likely considered when selecting production in this country?

A successful shoe manufacturer has long been subcontracting production of their shoes to countries such as Vietnam. Which of the following concepts was likely considered when selecting production in this country?




a. Political uproar
b. Integrity
c. Contract law
d. Value-to-weight ratio
e. Comparative advantage of labor



Answer: D