International markets production

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Reference no: EM13988061

Workers are paid 20$ an hour in USA but only 10$ in Turkey and 5$ in India. We cannot compete with Turkish and Indian products in USA and international markets production is moving to Turkey and India, we are closing our business; our workers are losing their jobs. We need to protect jobs in the USA from cheap foreign labor. What are some possible problems with above statement?

Reference no: EM13988061

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