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A look at the value to UK firms of switching production to a low-wage country. The example is shown of a large Yorkshire firm that moved its production of suits to Budapest. Hungarian wages are one-fifth of the rate paid in Yorkshire. The business is thriving and the local Hungarians are happy – until, perhaps, there's another move to an even cheaper supplier.
This clip is from:
First broadcast:
2 May 2003

Classroom Ideas

This clip could be used to begin a discussion about business finance and ethics.