Project #65424 - Reaction Paper on Finance Articles

 

This assignment is based on reading two articles and writing a 2 page reaction paper about both of them:

These are the links to the two articles and underneath the links is what the professor is looking for:

http://www.nytimes.com/2006/05/03/business/worldbusiness/03clothing.html?pagewanted=all&_r=0

http://www.slate.com/articles/business/the_dismal_science/1997/03/in_praise_of_cheap_labor.html

Direct foreign investment (DFI) can create jobs for people in countries with cheap labor, but this benefit of job creation can be accompanied by the building of sweatshops with horrible working conditions for the workers.  Sweatshops are controversial.  In his article “In Praise of Cheap Labor,” Nobel laureate economist Paul Krugman argued that jobs in sweatshops are better than no jobs.  But in their article “An Ugly Side of Free Trade: Sweatshops in Jordan,” Steven Greenhouse and Michael Barbaro provided ugly details in sweatshops in which basic human rights were violated. 

Read both the Krugman and the Greenhouse and Barbaro articles.  Then post at least one discussion on Blackboard giving your views about sweatshops in particular and the ugly side of DFI in general. 

Subject Business
Due By (Pacific Time) 04/07/2015 01:00 pm
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