6-13. In the public debate over ratification of the North American Free Trade Agreement, Ross Perot said

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6-13. In the public debate over ratification of the North American Free Trade Agreement, Ross Perot said he heard a “giant sucking sound” from U.S. jobs headed south because of low wage rates in Mexico. Using the theory of comparative advantage, discuss whether Perot’s fears were valid.

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International Business A Managerial Perspective

ISBN: 9781292018218

8th Global Edition

Authors: Ricky W. Griffin, Michael Pustay

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