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POST-COMPETENCY ASSESSMENT:
(Introduction to the Study of Globalization)
Instructions:
Essay:
Our country has a lengthy history of exporting a wide range of goods. It was
previously regarded as one of the top exporters due to its robust commerce
business. The Philippines continues to be a major manufacturer of commodities for
the worldwide market today.
Certain things are manufactured in the Philippines for a variety of reasons, while
others are manufactured elsewhere. The availability of raw resources is one of its
most essential aspects. The Philippines has an abundance of natural resources,
making it a suitable location for manufacturing. Furthermore, the country has a vast
supply of skilled personnel. Workers with the requisite abilities as well as knowledge
to make high-quality items can be found by manufacturers.
There are also a number of financial incentives that make the Philippines an
attractive destination for manufacturing. The government offers a number of tax
breaks and incentives to manufacturers, which can help reduce the overall cost of
production. Additionally, labor costs in the Philippines are relatively low when
compared to other countries in the region.