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(All Steps) Over the past 20 years, many domestic companies have taken advantage of low wages in developing countries by moving some of their production

Question: Over the past 20 years, many domestic companies have taken advantage of low wages in developing countries by moving some of their production capabilities from the U.S. to these developing countries. What would the indifference principle have to say about the long-run impact of moving production to developing countries?

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(All Steps) Over the past 20 years, many domestic companies have taken advantage of low wages in developing countries by moving some of their production

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