Global production landscape a result of market competition, international division of labor
As a result, the distribution of manufacturing capacity in different countries and regions has been constantly changing, forming a dynamic global pattern of production capacity.
- As a result, the distribution of manufacturing capacity in different countries and regions has been constantly changing, forming a dynamic global pattern of production capacity.
- Under open market economy, an international division of labor has been formed due to the comparative advantages of countries.
- Through international trade, they share the benefits brought about by this division of labor and specialization.
- Instead, it is a natural phenomenon of international division of labor and specialization based on comparative advantages during the process of economic globalization.