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Which of the following is a factor in choosing a location?

1) Currency Stability
2) Proximity to Markets
3) Access to Suppliers
4) All of these

User Lyzbeth
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1 Answer

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Final answer:

When choosing a location for a business, currency stability, proximity to markets, and access to suppliers are all pertinent factors, alongside labor and capital costs, transportation infrastructure, tax levels, and local governance.

Step-by-step explanation:

The question focuses on the factors that are considered when choosing a location for a business or a factory. All the options provided, which are currency stability, proximity to markets, and access to suppliers, are indeed factors in choosing a location. These, along with other elements such as labor and capital costs, transportation quality, communication networks, tax levels, and the competence of the local government play a major role in the decision-making process. It's also worth noting that environmental regulation costs are usually a minor part of the total costs faced by a large industrial plant.

User Komi
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