Cost of producing goods as they compete in global market

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Reference no: EM132244504

Discuss some viable solutions as U.S. corporations continue to optimize cost of producing goods as they compete in a global market. Should we consider tax incentives, new laws, etc.?

Is it fair for the U.S. decide what is best for undeveloped countries, which may negatively impact the improved wages made by the workers in undeveloped countries?

Are we comparing our standard of living/earnings with countries where the low wages earned is an improvement from not having these jobs? Example: ability of parents to keep children out of working in the fields, prostitution, parents selling children, etc.

Required word length of at least 150-250 words.

Reference no: EM132244504

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