It has been all downhill for the West since China entered the world market; we just cant

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It has been all downhill for the West since China entered the world market; we just can’t compete with hundreds of millions of people willing to work for almost nothing. Discuss.

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International Economics Theory and Policy

ISBN: 978-0134519579

11th Edition

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

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Question Posted: Apr 09, 2019 06:28 AM

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It has been all downhill for the West since China entered the world market; we just cant

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This statement fails to connect wages and productivity Though wag...View the full answer

International Economics Theory and Policy

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