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Specialization and Trade: Clothing In what countries were your clothes produced? Chances are, very few of your clothes were produced in the US. Why do
Specialization and Trade: Clothing
- In what countries were your clothes produced?
- Chances are, very few of your clothes were produced in the US. Why do you think this is?
- Should the US try to bring more clothing production back home?
- Also, very little if any of your clothing was made in Africa even though the cost of labor in Africa is very low. What kind of things might be preventing African countries from exploiting this potential for comparative advantage?
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Issues in Economics Today
Authors: Robert C. Guell
8th edition
1259746399, 1259746390, 978-1259746390
