Solution-Determine the advantage of lower labor costs

Determine the advantage of lower labor costs

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Question: After the passage of NAFTA, many U.S. companies shifted production operations to Mexico to take advantage of lower labor costs and lower standards for environmental and worker protection. As a result, they cut their costs and were better able to survive in an increasingly competitive global environment. Was their behavior ethical-that is, did the ends justify the means?

Reference no: EM131700547

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Determine the advantage of lower labor costs

Reference no: EM131700547

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