Some Americans might deplore the loss of jobs to India and other low-cost countries.
People get along, however, because this is low-cost, low-tax country, too.
Zara has resisted the industry-wide trend towards transferring fast fashion production to low-cost countries.
Multinational companies are already beginning to concentrate production in a few low-cost countries as they prepare for European customs barriers to fall next year.
When you're talking about competition from low-cost countries, you have to get your work force to help position your company to compete effectively.
His recipe for success, he insists, is not mysterious: create a stream of innovative products and produce them, as much as possible, in low-cost countries.
Some companies may look to contract manufacture in low-cost countries, such as China, to benefit from the low cost of labor.
Everyone knows that imports from low-cost countries are the reason for the low inflation rates of recent years.
This clause could lead to supporting business in low-cost countries such as India and China, thereby threatening European manufacturing.
H&M is outsourcing its clothing to a network of 700 suppliers, more than two-thirds of which are based in low-cost Asian countries.