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ENCYCLOPEDIA

OF WORLD PROBLEMS

AND HUMAN POTENTIAL

  2. World problems
  3. Cheap manufactured products

Cheap manufactured products

  • Cheap imported goods

Broader

Migrant labour
Presentable
Manufacture of substandard products
Presentable
Distortion of international trade by dumping
Presentable

Narrower

Unfair competition from convict-made goods
Presentable

Aggravates

Vulnerability of economies to import penetration
Presentable
Underpayment for work
Presentable
Protectionism against imports of service-related goods
Presentable
Imbalance of payments
Presentable
Restrictive practices in trade in manufactured goods
Unpresentable

Aggravated by

Unconstrained free trade
Excellent
Ineffective self-regulation in the consumer goods manufacturing industries
Unpresentable
Differential labour costs among countries
Yet to rate

Reduces

Prohibitive cost of goods and services
Presentable
Prohibitive cost of imported goods
Unpresentable

Strategy

Reducing product quality
Yet to rate

Value

Cheapness [D]
Yet to rate
Cheapness [C]
Yet to rate

SDG

Sustainable Development Goal #12: Responsible Consumption and Production

Metadata

Database
World problems
Type
(F) Fuzzy exceptional problems
Biological classification
N/A
Subject
Content quality
Yet to rate
 Yet to rate
Language
English
1A4N
J0398
DOCID
12003980
D7NID
148812
Editing link
Official link
https://encyclopedia.uia.org/problem/cheap-manufactured-products
Last update
Dec 3, 2024