10/23/2011

A raspberry for free trade

The point of this article is to let readers know that the real complain against developing countries is not that their exports are based on low wages and sweatshops. The complaint is that they export at all.

In the article, the author explains the reason why some scholars tend to be against international trade. For example, these people still think that international trade is a zero-sum game. They just see what's seen: the prevalence of foreign goods squeeze the profit of domestic workers'.But what's not seen is that our purchasing power increase and we can spend more money other things, and as a result the workers can shift to those fields and gain profit.

My question is, I don't quite understand what author mean in the opening paragraph.

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