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What are the most likely reasons a US corporation would open a factory in China? O
Oto take advantage of affordable land prices
Oto take advantage of abundant resources
Oto take advantage of lower labor costs
Oto take advantage of favorable tax laws
Oto take advantage of US employment opportunities
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GinnyAnswer

Final answer:

US corporations open factories in China for lower costs, tax incentives, and access to a large market.


Explanation:

US corporations open factories in China for various reasons:

  1. Lower labor costs: China offers lower labor costs compared to the US.
  2. Favorable tax laws: Companies benefit from tax incentives in China.
  3. Access to a large market: China's population provides a vast consumer market.

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