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28 March, 04:50

Falling barriers to international trade destroy manufacturing jobs in wealthy advanced economies. Discuss this statement. Do you agree? Why or why not?

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  1. 28 March, 06:55
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    Yes. I agree

    Explanation:

    Due to a fall in barriers to international trade, companies in wealthy advanced economies now find it easier to move their manufacturing activities to other countries with lower labor rates so that they can reduce their manufacturing costs.

    This move means that manufacturing companies in the wealthy advanced economies have reduced job opportunities and as such, workers in this industry will suffer.
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