Globalization

Discuss how (1) job loss, (2) lower wages, (3) pressure for retail profitability, and (4)trade liberalization affects an overall benefit to consumers who purchase apparel goods.
Are consumers actually paying lower prices for apparel? If so, then why is high fashion apparel so expensive?
Defend your answer with a citation and be sure to include the significance of tariffs.

You can leave a response, or trackback from your own site.