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11/22 why might something like medicine be produced abroad? higher regu…

Question

11/22
why might something like medicine be produced abroad?
higher regulatory standards and local expertise.
limited access to advanced technology and research facilities.
lower production costs and specialized manufacturing capabilities.
increased demand for domestic products and services.

Explanation:

Brief Explanations

Producing medicine abroad is often driven by cost efficiency and access to specialized manufacturing. Lower production costs (e.g., cheaper labor, materials) and regions with specialized pharmaceutical manufacturing capabilities reduce overall expenses for drug producers. The other options are incorrect: higher regulatory standards would deter offshoring, limited tech access is not a reason to produce abroad, and increased domestic demand would favor local production.

Answer:

Lower production costs and specialized manufacturing capabilities.