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This also forces the developing countries to cut costs by becoming more efficient. The consumers really benefit from this because they can get the products at a lower cost. This in return helps the economy because the consumers have more money to spend on goods.
The United States has to deal with increasing pressures from countries in developing nations in the manufacturing sector. We have to be able to adapt into a country that is mainly service based. Another big issue for the United States is going from being the world’s biggest lender to the world’s biggest debtor. We are becoming increasing dependent on other countries as a source of money...
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Common topics in this essay:
- cheap labor
- Global Big Business Is The Most Powerful Force For Improving Labor Standards In Developing Countries. Discuss.
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