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It is still a company started in the U.S. Plus, it is an wholly own subsidiary that is responsible for distribution of other products internationally.
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1. Why do you think that the Chinese apparently have a cost advantage in the production of pencils?
a. Chinese apparently have a cost advantage due to the amount that they can sell pencils at. It may be due to the domestic competition, a rebate the Chinese offers for exports of pencils, and the lowering of duties that where imposed by the U...
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