Asian firms building the production facilities in Mexico
Since NAFTA was developed, several Asian firms particularly those from the Korea and Japan has made the extensive investments in the Mexico. Why do you think these Asian firms decided to build the production facilities in the Mexico?
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Asian firms would have been motivated in order to gain the access to NAFTA of which Mexico is the member and circumvent external trade barriers maintained by the NAFTA.
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Part A During 2012 the Australian Company Woolworths Ltd (WOW) sold its subsidiary business called Dick Smith Electronics. Within 8 months of the FOR SALE sign going up Anchorage bought the Dick Smith Business for $20 million. This is the same amount Woolworths Ltd bought
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