Lower labor costs in other countries lead to job loss in the United because it enable producers to export inexpensive products to the united states.
What is labor cost?
The direct cost of labor includes the cost of wages and benefits for employees who are directly involved in producing the product or service.
It is the cost involved in the actual production of goods and services.
Hence, lower labor costs in other countries lead to job loss in the United because it enable producers to export inexpensive products to the united states.
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