Discussion 2-3 paragraphs APA citation 550 words Donsel : Solution Essays

Just like with most things, when creating trade policy, there needs to be a balance between meeting the needs of the consumers and meeting the interests of businesses and their employees.  Businesses must be able to produce a product that consumers wish to purchase at a price low enough to incentivize them to make the purchase.  Businesses must be able to balance this production at a price that generates an adequate profit margin to pay for labor, materials, and other overhead.  Cost of materials is standard for the most part across countries depending on the product, however, most overhead and labor will be cheaper in other producer-oriented countries such as China, offering companies a better chance at success (D’Aveni, 2014).  Without considering the cost of transporting products, it would seem reasonable then to assume that it would be cheaper to make a product in China and therefore could be sold at cheaper prices, ultimately benefiting the consumer.