Questions: True or False Question True or false: Jim's US-based paper products company sources paper from a plant in Brazil that takes advantage of the available forestry near the plant. This is an example of a location-specific advantage. True False

True or False Question True or false: Jim's US-based paper products company sources paper from a plant in Brazil that takes advantage of the available forestry near the plant. This is an example of a location-specific advantage. True False
Transcript text: True or False Question True or false: Jim's US-based paper products company sources paper from a plant in Brazil that takes advantage of the available forestry near the plant. This is an example of a location-specific advantage. True False
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The answer is True: Jim's US-based paper products company sources paper from a plant in Brazil that takes advantage of the available forestry near the plant. This is an example of a location-specific advantage.

Explanation: A location-specific advantage refers to the benefits a company gains by operating in a particular geographic location. These advantages can include access to natural resources, favorable economic conditions, skilled labor, or proximity to key markets. In this case, the plant in Brazil benefits from the nearby forestry resources, which is a clear example of a location-specific advantage. The company leverages the natural resources available in Brazil to produce paper, which likely reduces costs and increases efficiency.

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