Comparative advantage watch the video outsourcing is bad for America. Navigate to the threaded discussion below and make your initial post,

a. Define the terms “globalization,” “comparative advantage,” and “outsourcing.” discuss how globalization and the economic concept of comparative advantage relate to the practice of outsourcing.

b. Are you convinced by the argument presented in the video? Even if outsourcing is not a bad thing, do you think its benefits outweigh its costs?

c. In terms of policy, what can businesses and governments do regarding sourcing goods and services from foreign countries?

Answer rating: 100% (QA)

Comparative Advantage a Defining Terms i Globalization The term globalization is brought about by the process of interaction that enhances integration ... View the full answer