The cost of manufacturing tractors in Korea is twenty percent less than the cost of manufacturing tractors in Germany. Even after transportation fees and import taxes are added, it is still cheaper to import tractors from Korea to Germany than to produce tractors in Germany. Which of the following assertions is best supported by the above information? - Study24x7
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Ashish Verma
04 Mar 2019 02:52 PM study24x7 study24x7

The cost of manufacturing tractors in Korea is twenty percent less than the cost of manufacturing tractors in Germany. Even after transportation fees and import taxes are added, it is still cheaper to import tractors from Korea to Germany than to produce tractors in Germany. Whic...

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A

Labour costs in Korea are twenty percent below those in Germany.

B

Importing tractors into Germany will eliminate twenty percent of the manufacturing jobs in Germany.

C

The costs of transporting a tractor from Korea to Germany is more than twenty percent ofthe cost of manufacturing the tractor in Korea.

D

The import taxes on a tractor imported from Korea to Germanyis less than twenty percentof the cost of manufacturing the tractor in Germany.

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