New
#180
That's the problem.
There is no hint of national loyalty (politicians are just as bad).
We have the same problem here.
Of course it's cheaper to buy goods from countries that pay their workers $0.50 per day.
What happens, when all of the equipment that a country needs to operate its economy, is imported (all local production having long since ceased)?
Economists and politicians never bother to ask/answer that question.
Free trade can only work properly, when the playing field is basically level.
If that is true, then efficiencies/improvements come from innovation.
Those giant CEO bonuses come out of the pockets of the investors.