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Many U.S. companies are considering moving their manufacturing overseas to take advantage of low labor rates in countries such as China, Hong Kong, Singapore, Taiwan, South Korea, Maylasia, Indonesia and India.any U.S. companies are considering moving their manufacturing overseas to take advantage of low labor rates in countries such as China, Hong Kong, Singapore, Taiwan, South Korea, Maylasia, Indonesia and India.
Weegy: Because we live in a global economy. American industry is small, mostly everything americans buy is made in other countries. [ More importantly, resources are found in only certain places in the world, and if a person from another country wants that particular resource they must trade for it. I guess its not really important, it just allows for persons to have access to resources that are not native to their area (country).