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"So trade, in practice, is a transfer from those less well-off to those more well-off." You can't possibly actually believe this.
by socalnate1 11y ago
"So trade, in practice, is a transfer from those less well-off to those more well-off."
You can't possibly actually believe this.
- x0x0 11y agoit does have the benefit of being true Consider nafta: we traded relatively well-paying blue collar jobs for cheap manufactured goods. https://en.wikipedia.org/wiki/NAFTA's_effect_on_United_States_employment https://en.wikipedia.org/wiki/NAFTA's_effect_on_United_State... http://www.epi.org/blog/naftas-impact-workers/ http://www.epi.org/blog/naftas-impact-workers/