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Table: Labor Requirements (Table: Labor Requirements) The table gives U.S.and Indian labor
Requirements (hours per unit of output) needed in each of four
Activities to produce the final product.Suppose that trade costs
Represent 25% of wage costs in India.Now where is the value
Chain sliced? Which operations will the United States offshore to
India?
Q31: Between 1870 and 1913, labor migration from
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