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An increasing number of U.S. business organizations are outsourcing their jobs, both manufacturing and services, to third world nations (e.g., China, India, Malaysia) in order to take advantage of lower labor costs. This practice obviously causes a loss of jobs in the U.S. What are the 'pros' of this practice? What are the 'cons'? What do you think the U.S. should do about this practice, if anything?

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