3 ms·

wouldn’t it have the effect that producing more goods -> higher worker demand -> higher salaries?

• enriquto 5y ago
  This argument of yours is only part of an equilibrium. If it was the only force in play, that would be a strong argument against international trade. I guess there are some missing pieces here.
  • Chris2048 5y ago
    Yes. Globalists can't pit foreign labour against local if that happened, then how'd they become billionaires?
    • knownjorbist 5y ago
      The more realistic argument is that you simply don't have the human capital necessary to build certain things in certain places. This can be addressed in large part by making immigration easier.
      • Chris2048 5y ago
        Not sure that's more realistic. There is often enough human capital necessary to build certain things in certain places, just not at the lowest price. > This can be addressed in large part by making immigration easier Not if local laws don't provide the same competitive edge.