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Analyze the advantages and disadvantages of global sourcing versus producing in the U.S.
Outsourcing, especially to low labor-cost countries, has grown substantially. Be sure to address the following in your paper:
- Analyze the trade-offs between inputs for the productivity improvements.
- Analyze the advantages and disadvantages of global sourcing versus producing in the U.S.
- Describe a product or service of a specific low-labor-cost country as an example.
- Include a recommendation of a low-labor-cost country based on inputs, trade-offs, and going global advantages.
Your paper should be in paragraph form (avoid the use of bullet points) and supported with the concepts outlined in your text and additional scholarly sources.
Submit your three- to four-page paper (not including the title and reference pages). Your paper must be formatted according to APA style and must cite at least three scholarly sources in addition to the textbook.