Discuss the below in detail:
"The Mexican middle class is growing and purchasing more American-made products. According to the Office of the U.S. Trade Representative, Mexican imports from the U.S. have doubled in the last decade."
"As part of its year-long investigation, ABC's David Muir tours a warehouse in Newark, New Jersey, that stores thousands of boxes of counterfeit goods from China. Sales of counterfeit merchandise have reached $1 trillion per year."
What do you believe is happening to U.S. businesses in Mexico and China? What forms of competitive advantages do you see for U.S., Mexican, and Chinese businesses? Do you believe all Cosco products sold in Mexico are "Made in America?" Why or why not? How can you tell if you purchase a counterfeit item? Given the economic conditions, cultures, and legal/political differences in the three countries, how should U.S. businesses adapt, if they should adapt at all? In other words, is it possible for U.S. businesses to adhere to their home country's ethics and legal requirements in a foreign country? If so, how?