What are the potential costs of adopting a free trade regime

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DQ 1

Under what conditions is it ethically defensible to outsource production to a developing world where labor costs are lower when such actions also involve laying off long-term employees in the firm's home country?

DQ 2

What are the potential costs of adopting a free trade regime? Do you think government should do anything to reduce these costs? Why?

Reference no: EM13891797

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