04 August 2005

Made in the Global Village

International trade and commerce has truly affected the way we do business. Oftentimes, the cost of manufacturing goods always dictate where these are made, even if it means outside your own shores.

A friend once told me an interesting story that manifests this. He knows someone who went to New York on business. There's usually an extra day or two reserved for leisure, and this guy went shopping for sporting goods. Among his purchases was a pair of rubber shoes (whose popular brand name I will no longer mention) which he really liked.

So he went back to the Manila and gave pasalubong to his friends and relatives and he proudly showed-off his new pair of rubber shoes. And then he looked at the tag to check where it was made.

It's Made in the Philippines.
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