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Opponents of free trade often want the U.S. to prohibit the import of goods made in overseas factories that pay wages below the U.S. minimum
Opponents of free trade often want the U.S. to prohibit the import of goods made in overseas factories that pay wages below the U.S. minimum wage. Banning such products is likely to:
a.Cause these factories to pay the U.S. minimum wage.
b.Increase the rate of technological innovation in poor-countries so that they can afford to pay higher salaries.
c.Increase poverty in lowly developed countries and benefit U.S. firms which compete with these imports.
d.Harm U.S. firms which compete with these imports.
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