Recently, the United States has taken action to restrict imports of certain Chinese goods, such as toys
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Recently, the United States has taken action to restrict imports of certain Chinese goods, such as toys containing lead and seafood that doesn't meet health standards, in order to protect U.S. consumers. Some people have said that this shows a double stan- dard: If we're willing to restrict goods on these grounds, why shouldn't we restrict imports of goods that are produced with badly paid labor? Why is or isn't this argument valid?
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Related Book For
International Economics Theory & Policy
ISBN: 9780138002121
8th Edition
Authors: Paul R Krugman, Maurice Obstfeld
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