Reference no: EM132434852

During Thanksgiving Day dinner, seated between cousin Steve and Aunt Jenny. Steve is telling the family about the great deal he got on dress shirts at the local department store, urging them to get their own deal before the shirts are sold out. Jenny cuts in to tell Steve that she won't shop at that store anymore because they don't sell American-made clothes. Jenny goes on to tell Steve that his new shirts very well could be made in sweatshops. Steve snaps back at Jenny, telling her good luck finding three American-made dress shirts for $65 total.

Taking into account both Steve and Jenny's point of views, please divulge why and how is it that:

• free trade, and the opportunity it creates for companies to locate production in very low wage countries where labor standards may be less stringent than the United States, given the complexity of the issue
• Detail the costs/benefits for society