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Free trade and lax capital controls were supposed to increase foreign investment in the US economy. However, allowing so much production to move overseas has re
by sthnblllII 6y ago
Free trade and lax capital controls were supposed to increase foreign investment in the US economy. However, allowing so much production to move overseas has resulted in massive efficiencies of scale in China, which makes investment in the US relatively unprofitable, despite the restrictions and requirements in China.