What are the manufacturing costs in different countries?

Asked on 07.12.2018 in All Questions.
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(Top Tutor) Studyfaq Tutor
A major factor affecting where many businesses decide to manufacture their products is to do with labor. This includes costs, laws, and productivity. The main factor being costs. The table below from the Vancouver Sun, 1992 shows a comparison in hourly wage costs in manufacturing ($US). This table shows us that the highest hourly wage costs in manufacturing are in Germany while the lowest is in Brazil. The difference between the two is an 870% increase from Brazilian to German wage costs. While these figures...
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