Saturday, May 2, 2015
Derik Graham Chapter 12 Question 6
The section of chapter 12 that I found the most interesting was the sections of voluntary exchange and comparative advantage for workers. Wheelan starts the section with stating that trade is a voluntary exchange of goods and services and one of those services is labor. This tied into the next section that talked about sweatshop workers. A common cause for equal rights activists or a concerned person would be to abolish sweatshops. The point that I found most interesting is that they voluntarily work for that 2$ a day. Wheelan makes the assertion that it is because it's the best deal around and used an example of a woman who wanted her job and didn't want her factory to close. I don't know if I would say that sweatshops are good for the world but they certainly make goods cheaper for the world.
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