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3. Some argue that investing in emerging economies greatly increases the economic development and standard of living at the base of the global economic pyramid.
3. Some argue that investing in emerging economies greatly increases the economic development and standard of living at the base of the global economic pyramid. Others contend that moving jobs to low-cost countries not only abandons corporate social responsibility (CSR) for domestic employees and communities in developed economies but also exploits the poor in emerging economies and destroys the environment. Assume you are either (1) the CEO of a multinational enterprise (MNE) headquartered in a developed economy moving production to a low-cost country or (2) the leader of a labor union in the home country of the same MNE and about to lose lots of jobs. How would you participate in this discussion
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