Suppose the many American firms making home burglar alarm systems decide (independently) to shift the production of
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Suppose the many American firms making home burglar alarm systems decide
(independently) to shift the production of their alarms to Asia or Latin America, where they can be made at a much lower cost. Using economic theory, analyze the effects on American employment levels in the burglar alarm industry. What factors make these effects larger or smaller?
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Related Book For
Modern Labor Economics Theory And Public Policy
ISBN: 9780132540643
11th Edition
Authors: Ronald Ehrenberg, Robert Smith
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