Do you ever worry that low cost products made in low wage countries are the result of exploitation of labour?
I absolutely do, offshoring relocates business to the lowest bidder and when you go to countries with no jobs, you call the shots and they'll take anything you give
Over time, would you expect those cheap labor markets to become less cheap as foreign capitol flows in?
Immigration
Immigration is the international movement of people into a destination country of which they are not natives or where they do not possess citizenship in order to settle or reside there, especially as permanent residents or naturalized citizens, or to take up employment as a migrant worker or temporarily as a foreign worker.
As for economic effects, research suggests that migration is beneficial both to the receiving and sending countries. Research, with few exceptions, finds that immigration on average has positive economic effects on the native population, but is
didn't make what they call 'Sub A' segment cars, small city cars – you don't make any money on them. Because the tooling and development cost for a small car is almost the same as for a bigger car. So people would rather build larger cars and make more profit. That's when I started thinking, that if this is going to work there needs to be a new way of making the cars, that is cost effective. That high capital pressed components using low labour cost countries a