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If international trade declines, this could indeed tip the scales and give labor a stronger bargaining position across the globe. Less trade might mean fewer ch
by globalempire 3y ago
If international trade declines, this could indeed tip the scales and give labor a stronger bargaining position across the globe. Less trade might mean fewer cheap imports and potentially more jobs for local industries. This shift could lead workers to demand higher wages and better working conditions, knowing that the globopatricians can't easily jump ship to cheaper labor markets.