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Unformatted text preview: the quality of the goods and leave the managing up to another firm. In china however the economy is rising and causing the cost of labor to now rise. If it continues to rise then buyers, in the long term, will move from China and go to other countries like Mexico as the article states. Mexico will have a lesser cost of labor so the final goods in Mexico, as a result, will be a lot cheaper. Dalsania 2 Flannery, By Russell. "Key China Electronics Outsourcing Hub Faces Rising Costs, Assertive Labor - Russell Flannery - China Wealth - Forbes." Forbes . 27 Aug. 2010. Web. 08 Sept. 2010. <http://blogs.forbes.com/russellflannery/2010/08/27/key-china-electronics-outsourcing-hub-faces-rising-costs-assertive-labor/>....
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This note was uploaded on 03/26/2011 for the course ECON 0146010010 taught by Professor Allisonfranzese during the Spring '11 term at Rutgers.
- Spring '11