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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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