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Essay / Research Paper Abstract
This 10 page paper reviews two different articles and assesses them in terms of the underling economic theory that is reflected in the content. The first article looks at the problem of offshoring and the Bill introduced in the US aimed at reducing the loss of call center jobs. The article is summarized and then considered in the context of the theory of comparative advantage. The second article looks at an upper market grocery store introducing a budget range, which is discussed in the context of consumers maximizing their utility. The bibliography cites 16 sources.
Page Count:
10 pages (~225 words per page)
File: TS65_TEecarticles.doc
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Unformatted sample text from the term paper:
1. Introduction While economic concepts and theory may appear to be complicated and removed from everyday events and considerations, a cursory look at the news will reveal a different
story. There are many different news articles in the media that reflect different economic concepts. The aim of this paper is to look at two different news articles and
consider their content and the way n which they may be understood in terms of the economic principles the events reflect. The first article looks at the concern which
exists over the offshoring of jobs from the US which is considered in the context fo comparative advantage. The second article 2. Article 1 The first article was published in
CRM Magazine in February 2012, with the title "Congress moves to cut off off-shoring: proposed legislation would prevent United States firms that off-shore contact center jobs from receiving government funds",
by Leonard Klie 2.1 Article Summary The article reports on the proposal of the U.S. Call Center and Consumer Protection Act which was proposed to Congress on 7 December 2011. The
aim of the Bill is to reduce the number of US jobs which are being lost as a result of outsourcing to offshore companies (Klie, 2012, p15). The legislation proposes
measures to deter companies from pursuing offshoring arrangements by preventing companies that outsourced call centre jobs to overseas destinations from receiving any federal grants or other federal aid, such as
loan guarantees, for a period of five years (Klie, 2012, p15). Other measures within the Bill require companies that have overseas call centres to make a clear disclosure to the
US customers, and allow customers the right to be transferred to a call centre based in the US (Klie, 2012, p15). The argument is put forward a tax revenue that
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