Re:Singapore Urges U.S. to Accept China's Rise, Spare Other ...
by Nasrudith on Thursday May 16, 2019 @07:48AM
(#19928058)
The why is because of relative advantage. Complaining about the 50 cent wage in a far lower cost of living country is like complaining that you cannot compete with a farmer's fields for corn with your urban rooftop gardens in plant pots. Well of course! That is where their advantages are - if you can trade without issues that is your cue to do something else more productive with your time.
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