2007-11-12 10:48:41 · 4 answers · asked by Anonymous in Social Science ➔ Economics
I am sure these TWO mosrt developed countries could take such a decision at the cost of their country's Economy. On the other hand they might have thoroughly analized the impacts/benefits that the country may gain by transferring the 'outsourcing' to other countries like India. Therefore, I do not find or understand any adverse effect in this regard to USA OR UK'S Economy.
2007-11-12 12:43:50 · answer #1 · answered by mollyvarg 3 · 0⤊ 0⤋
production junk in China may be much less costly from the attitude of a transnational business corporation, quite while those companies use a decrease-out so they in no way at as quickly as get their palms grimy making use of toddler/slave or underpaid hard artwork. If some chinese language production facility seems a lot of pollution alongside with this is lead painted products, the corporate honchos can plead ingnorance. What a reliable deal for them! If a mass merchandising business corporation like WalMart buys products from China, made by making use of toddler/slave or underpaid hard artwork the least they could do is fairly pass on their 'decrease value expenditures' to the time-honored public.....yet oddly, they do no longer do this. the value of a chinese language made T-shirt at WallyWorld is barely pennies below the value of an identical shirt made interior the country by making use of union hard artwork. The income margin is plenty bigger to WalMart, yet there is fairly no longer that plenty decrease value expenditures to the buyer. If lots of the stuff made in China become made interior the U. S. the common could be bigger, synthetic with much less pollution and thanks to the magic of technologies the value could be comprable to that of China. additionally on the plus ingredient there could be extra average paying jobs meaning extra human beings paying taxes and paying for products precise right here in River city. permit's placed the Ameircan salary-earner first and the trans-national companies 2d and permit China purchase up its very own junk!
2016-11-11 07:19:37 · answer #2 · answered by goerdt 4 · 0⤊ 0⤋
It effectively increases the supply of labor available to US/UK firms, allowing them to produce more and increase profits. It also reduces wages for similarly skilled workers in the US/UK.
2007-11-12 13:38:35 · answer #3 · answered by meg 7 · 0⤊ 0⤋
Look at the ever shrinking dollar, need I say more?
2007-11-12 10:55:46 · answer #4 · answered by Diane B 6 · 0⤊ 0⤋