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I mean really? I want to know.
OK, suppose I own a company that competes with companies in the world market. They all decide to outsource, so I either A) do the same and, even if I pay top LOCAL dollar, I am paying a lot less than I would here or B) My products are a lot more expensive than my competitors. And, then, of course, my firm goes out of business and we lose ALLL the jobs.
But just because ALL of our products are cheaper to make doesn't make them cheaper to sell. Prices might go down but in the process we might spend more on marketing vying for market share. Same cost to us, but divided differently.
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