Everyone hates NAFTA. But what was NAFTA actually supposed to do? Did it deliver on its promise? To understand that, you have to look at America’s relationships with two goods: […]
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Tag: Cheap Labor
VIDEO via VOX: Why Chinese Manufacturing Wins
Topics: GDP, Containerization, Shenzhen, Foreign Investment, Special Economic Zones, Tax Incentives, Free Market, Cheap Labor, Currency Manipulation, Supply Chain, Cultural Difference, Geographic distance, Manufacturing, Middle-Class, Secondary Sector, Automation, Outsourcing, neocolonialism,
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