Re:RCEP, the world’s biggest trade agreement
by howlgarnish on Monday November 16, 2020 @04:39AM
(#25109859)
I'd understand an uproar against melamine labeled as milk etc being imported from China, but the concept that a pint-size country like NZ (population 5 million) with extremely expensive labor & shipping costs can "wreck" the dairy industry of a country of ~1.4 billion where the cost of labor is a rounding error is astonishing.
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Re:RCEP, the world’s biggest trade agreement
by op03 on Monday November 16, 2020 @04:57AM
(#25109983)
All kinds of things are possible these days - https://www.nationalgeographic.com/magazine/2017/09/holland-...
Re:RCEP, the world’s biggest trade agreement
by ksec on Tuesday November 17, 2020 @01:13AM
(#25120786)
>with extremely expensive labor & shipping costs can "wreck" the dairy industry of a country of ~1.4 billion where the cost of labor is a rounding error is astonishing.
You are severely under estimating the cost efficiency of modern mass manufacturing vs a country with very little to no infrastructure in the segment.