4 ms·
So what happens? I would hypothesize that one possible result is that the price of crabmeat goes up until it becomes economical to ship the crabs overseas for p
by EliRivers 9y ago
So what happens? I would hypothesize that one possible result is that the price of crabmeat goes up until it becomes economical to ship the crabs overseas for picking, and then shipped back for selling (maybe it already is, and there was just no reason to change the system until now). That's happened in other cases and it's effectively a way to move a factory abroad, with a larger chunk of the money involved also moving abroad. A worse outcome for the local citizen.
Alternatively, I suppose the wages demanded by local citizens could go down enough to be able to compete. I wonder how low that would be.
- gowld 9y agoThat may adversely impact quality and desirability of the meat. The costs of transportation will also pay transportation workers. Also, it depends on the prior competitiveness of the crabmeat market -- was it a sellers' market (prices are already at a maximum) or a buyers' market (prices at a minimum)
- rlpb 9y ago> it becomes economical to ship the crabs overseas for picking, and then shipped back for selling If their goal here is to stop importing labor, then a government that wants to prevent that outcome could simply impose a tariff on processed crabmeat.