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And if a USA retailer imports a container of some sweatshop-made clothing for $5 each and retails them for $50 each, that's $5 in China's GDP and $45 for USA GD
by PeterisP 4y ago
And if a USA retailer imports a container of some sweatshop-made clothing for $5 each and retails them for $50 each, that's $5 in China's GDP and $45 for USA GDP, because technically the import-to-retail markup is added value.