Is Child Labor an Asian Issue or a Global Issue? and how does child labor impact markets worldwide?

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Explanation:

Asia-Pacific enjoys a reputation as a vibrant economic zone, but it is also home to more working children than any other region in the world; an estimated 122 million children aged 5-14 years are compelled to work for their survival. Millions are not enrolled in school at all.

Although there has been progress in reducing child labor in many countries in the region, the problem persists. Research by the ILO’s International Programme for the Elimination of Child Labor (IPEC)  has found working children in a number of economic sectors, including domestic labor, seafood processing, garment and footwear factories, mining and quarrying, pyrotechnics, rag-picking and scavenging, rubber and sugar-cane plantations, entertainment and other services. This list is not exclusive but it gives an indication of the efforts being made to document the many and varied forms of child labor

"choosing is refusing" means individuals face an opportunity cost with each decision they make. economists state that every decision involves trade-offs. opportunity cost is the least desirable alternative given up as a result of a decision.