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Value Added Is the Difference Between Costs of Production and the Price

question 6

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Value added is the difference between costs of production and the price of a product.

Understand the mechanisms and consequences of environmental and labor standards violations in international trade.
Grasp the concepts of social dumping and its implications on international competition and labor markets.
Understanding U.S. trade policy focus and its implications on international labor mobility and capital mobility.
Familiarize with the rights of labor as established by various international declarations and agreements.

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