As we saw in the text, Bangladesh has seen rapidly growing apparel exports as Chinese wages rise.
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As we saw in the text, Bangladesh has seen rapidly growing apparel exports as Chinese wages rise. One problem, however, is that Bangladeshi producers are mainly in or near the capital city of Dhaka, which literally has the world’s worst traffic. What does this combination tell you about comparative advantage versus external economies in clothing production?
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Related Book For
International Economics Theory and Policy
ISBN: 978-0134519579
11th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
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