GBM 381 Week 2 Shipping Jobs Overseas? Offshoring and Unemployment in the United States

Read the case study “Shipping Jobs Overseas? Offshoring and Unemployment in the United States” on p. 197 in Chapter 8 of International Economics Theory and Practice.

Critics of cross-border trade and investment activities often referred to as globalization in the United States, labor unions in particular, have forcefully argued that it leads to the outsourcing of well-paid manufacturing jobs overseas, creating unemployment at home that undermines economic growth and improved standards of living as the case purports. Proponents have countered by saying that globalization opens new markets for US companies akin to the Product Life Cycle theory among others.

Argue in a minimum of 1,050 words, using this case study as the basis, either as an opponent or proponent of cross-border trade and investment activities.

Cite a minimum of 3 peer-reviewed references from the University Library.

Format assignment consistent with APA guidelines.

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