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Brief comments for these answers:
1. Evaluate whether or not you believe a U.S.-based company outsourcing jobs to foreign markets is ethical. Support your position.
I believe outsourcing to foreign markets is unethical; though it makes good business sense. This is because the jobs that they are sending oversea could be filled by the unemployed US citizens that are actively seeking employment, VETS who are actively looking for work, or given to those individuals who are receiving government assistance. In addition, the pay for these jobs is much lower when outsourced vs. if they were filled onshore.
2. The regime in China has been known to manipulate it currency creating a competitive a world competitive advantage for the manufacturing of goods. Evaluate the impact to the U.S. manufacturing industry and make a recommendation on how the U.S. should deal with the practice of currency manipulation.
Currency manipulation provides an unfair subsidy to Chinese exports - of up to 40 percent, by most economists' estimates - and represents the most protectionist policy of any major country since World War II, according to economist C. Fred Bergsten of the Peterson Institute. And when American manufacturers try to sell their products to China - our nation's fastest growing export market - they are hit with the same percentage in what amounts to an unfair tariff. The cost advantages enjoyed by Chinese manufacturers cost American jobs.I agree with Senators Olympia Snow, Charles Shumer and Lindsey Graham in stating: By improving oversight of currency exchange rates, the bill would ensure that the Treasury Department properly identifies countries that undervalue their currencies and act accordingly. It would also establish new criteria to identify countries manipulating currency - and trigger tougher consequences for those that engage in such unfair trade.
Sealwrap, a producer of plastics in United States, is about to expand its business. As part of this expansion, they will begin to sell their products in Europe and Asia. In addition, they plan to open a plant in Asia.
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Objective questions on International Business Management.
Write an essay in response to the following: Elle is walking to work along a sidewalk next to a road. A truck owned by Fast Distribution Company (FDC) strikes and injures Elle, causing her injuries that result in more than $250,000 in medical expe..
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Multiple choice questions besed on business management.
Explain the reasons why federalism was chosen instead of either confederation or a unitary system in 1787? How does federalism keep government closer to the people? Is state government necessarily more responsive to the people than the federal gove..
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