[knownjorbist]

The more realistic argument is that you simply don't have the human capital necessary to build certain things in certain places. This can be addressed in large part by making immigration easier.

[Chris2048]

Not sure that's more realistic. There is often enough human capital necessary to build certain things in certain places, just not at the lowest price.

> This can be addressed in large part by making immigration easier

Not if local laws don't provide the same competitive edge.