Problem
Suppose the many American firms making home burglar alarm systems decide (independently) to shift the production of their alarms to Asia or Latin America, where they can be made at a much lower cost. Using economic theory, analyze the effects on American employment levels in the burglar alarm industry. What factors make these effects larger or smaller?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.