Why can localization of industries limit innova... - SS2 Economics Advantage And Disadvantages of Localization of Industries Question
Why can localization of industries limit innovation and competitiveness?
A
Because it can lead to higher labor costs.
B
Because it can lead to dependence on a single location.
C
Because it can limit access to specialized inputs or technology.
D
Because it can reduce transportation costs.
correct option: c
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