3 ms·
Not the previous commenter but do you recognise that these things can hamper local economies? https://www.euractiv.com/section/trade-society/opinion/eu-free-tr
by modo_mario 6y ago
Not the previous commenter but do you recognise that these things can hamper local economies?
https://www.euractiv.com/section/trade-society/opinion/eu-free-trade-deal-will-trap-vietnam-in-low-wage-low-skill-cycle/ https://www.euractiv.com/section/trade-society/opinion/eu-fr...
Similarly to how Vietnams economy is hampered if it gets exposed to more mature parts and electronics industries from let's say Germany leaving only it's mature low skill industries sustainable trough low wages I can see the same in the west
I live in a western country and i enjoy relatively free trade with the US but I don't expect my country or surrounding ones to produce a software giant because I expect them to be stomped in the ground by existing duopolies or simply bought out.
I don't expect something to join the competition between intel amd anywhere in a free trading world and potentially drive consumer prices down more because they'll perpetuate their copyrights and IP with well timed adjustments till the sun goes dark, etc