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    It is argued that if a rich high wage country such as the USA

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    It is argued that if a rich high wage country such as the United States were to expand trade with a relatively lower wage country such as Mexico, the U.S. industry would migrate south, and U.S. wages would fall to the level of Mexico's. What is your opinion about this argument?

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    https://brainmass.com/economics/trade-agreements/rich-wage-country-expanded-trade-wage-country-288285

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    It is not possible for this to happen. As a matter of fact, if U.S industry were to expand to other countries, they would have to rely on ...

    Solution Summary

    The solution provides detailed explanations if a rich high wage country expanded trade with a lower wage country.

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