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I believe that's how free trade works. US has dominated in technology due to the same effect. But the most important part is when a country chooses to not spe
by apoorvkumar 9y ago
I believe that's how free trade works. US has dominated in technology due to the same effect.
But the most important part is when a country chooses to not specialize in something, they have the ability to specialize in something else. US has to decide whether the opportunity cost of getting manufacturing back is worth it, given it won't be a very employable area with all the automation.