Why might developed economies want to outsource manufacturing and other jobs to developing countries

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15-02-2019
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Why might developed economies want to outsource manufacturing and other jobs to developing countries

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hroscoe hroscoe · Answer 1 · 2019-02-15T03:43:43+01:00

hroscoe hroscoe

15-02-2019

Labor costs ( what workers are paid per hour) are often much less expensive in developing countries, so it tends to cost far less to produce a product in a developing country than in a place like the US.

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