Labor Cost, Productivity and Exchange Rates Custom Essay

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You are working at a manufacturing company that is planning to set up a factory in either Australia, Germany, Japan, Sweden, or the United Kingdom. Top management has informed you that labor costs, productivity, and stability in exchange rate with the US dollar will be decisive factors in evaluating these investment opportunities. Visit the Foreign Labor Statistics (FLS) site which provides international comparisons of variables such as hourly compensation costs, productivity, and unit labor costs and any website such as or that provide data on exchange rates. Prepare a brief report recommending which country your company should invest in based on these variables. Make sure you examine the trends the countries have been experiencing over the past few years. Your report should be a maximum of 1 page, double-spaced, (see attached document for source)

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