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Economics: Turn Around Is Fair Game
Beginning of paper
America's size and prosperity have made it the largest consumer of
imported products in the world. Brightly lit shopping malls adorned with the
latest foreign-made apparel, gadgets and trinkets, testify to the vast selection
of goods available for purchase. There is a dark side to this enormous quantity
of choices: a hefty price tag - the feder ....
Middle of paper
....ision sets were made using cheaper components and
cheaper labor. However, the cost of transportation, which would normally
escalate each individual price, was paid for by the Japanese government. The
pioneering inventors of the electronic marvel were forced out. No longer able
to compete by meeting rapidly declining prices, companies had to stop.... |
| Word count: 847 |
Page count: 4 |
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