Logo of the Union of International Associations (UIA)

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

Aggravated by

Unconstrained free trade
Excellent
Differential labour costs among countries
Yet to rate

Reduces

Prohibitive cost of goods and services
Presentable

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
Subject
  • Commerce » Import, export
  • Commerce » Merchandise
  • Industry » Manufacture
  • Industry » Products
    • Content quality
    Yet to rate
     Yet to rate
    Language
    English
    Last update
    Dec 3, 2024