With China and India having combined populations of over 2 billion people, low wage rates, and high

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With China and India having combined populations of over 2 billion people, low wage rates, and high economic growth rates, what types of U.S. industries do you believe will move part or all of their production to these countries in the future?

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Basic Economics

ISBN: 978-1111826642

16th edition

Authors: Frank V. Mastrianna

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Question Posted: Mar 08, 2018 09:55 AM

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With China and India having combined populations of over 2 billion people, low wage rates, and high

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You should apply the principle of comparative advantage T...View the full answer

Basic Economics

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