Suppose you are deciding whether to locate a factory in China or in Mexico to serve the U.S. market. What factors would influence your location decision? Suppose the price of oil suddenly rises. What...

Suppose you are deciding whether to locate a factory in China or in Mexico to serve the U.S. market. What factors would influence your location decision? Suppose the price of oil suddenly rises. What impact would this have on your decision? . Is the abandonment of import substitution policies by South American governments a necessary condition for the success of the Andean Community and the Mercosur Accord?