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by Kon5ole 33 days ago
>And taking the labor and time of the employees is a value extracted

That counts the value twice though. The value of the labour is precisely the payroll and the profits so it's accounted for.

Edit: So simply put, Volvo (or any other co with a factory in the US) operates a business that generates a lot of payroll and some profits, and the payroll remains in the US.