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by imtringued
1731 days ago
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When it comes to globalization the problem lies in imbalanced trade. If there is no imbalanced trade whatsoever, then globalization cannot cause problems. Trade surplus nations work more than they should. Trade deficit nations work less than they should. That has strong implication on where "all the jobs" end up. My favorite example is Greece. "All the jobs" have moved to Germany. |
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