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by socalnate1 4022 days ago
"So trade, in practice, is a transfer from those less well-off to those more well-off."

You can't possibly actually believe this.

1 comments

it does have the benefit of being true

Consider nafta: we traded relatively well-paying blue collar jobs for cheap manufactured goods.

https://en.wikipedia.org/wiki/NAFTA's_effect_on_United_State...

http://www.epi.org/blog/naftas-impact-workers/