Re:Japan auto companies triple Mexican pay rather than move ...
by valuearb on Wednesday July 01, 2020 @09:22PM
(#23708945)
The more you are forced to pay workers, the more attractive robots become.
The jaw of comparative advantage tells us that unrestrained trade benefits both parties. It means we get to deploy our workforce into higher value and higher paying jobs, while they get to increase their standard of living as well.
The jaw of comparative advantage tells us that unrestrained trade benefits both parties. It means we get to deploy our workforce into higher value and higher paying jobs, while they get to increase their standard of living as well.