4 ms·
> There is no such thing as trade imbalance Well, hope i can educate you with some marx here ;) https://en.m.wikipedia.org/wiki/Unequal_exchange https://en.m.
by throwawayqqq11 1y ago
> There is no such thing as trade imbalance
Well, hope i can educate you with some marx here ;)
https://en.m.wikipedia.org/wiki/Unequal_exchange https://en.m.wikipedia.org/wiki/Unequal_exchange
Marx theory of equivalence of exchange is the foundation with which he defines exploitation. With a universal comparison unit (value of labor), you can define unbalanced trades.
Dont ask me though, how a balanced trade would look like. Maybe we can only approximate it via outcome.