Chinese workers earn only $.75 an hour; if we allow China to export as much as it

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Chinese workers earn only $.75 an hour; if we allow China to export as much as it likes, our workers will be forced down to the same level. You can’t import a $10 shirt without importing the $.75 wage that goes with it. Discuss.

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International Economics Theory and Policy

ISBN: 978-0273754206

9th Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz

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Question Posted: Oct 24, 2012 11:37 PM

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Chinese workers earn only $.75 an hour; if we allow China to export as much as it

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This statement is just an example of the pauper labor a...View the full answer

International Economics Theory and Policy

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