=+6. Chinese workers earn only $.75 an hour; if we allow China to export as much as

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=+6. “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

ISBN: 9780132146654

9th Edition

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

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Question Posted: Oct 02, 2024 01:00 AM

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=+6. Chinese workers earn only $.75 an hour; if we allow China to export as much as

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International Economics

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