The claim that international trade promotes sweatshop working conditions in developing nations is frequently refuted by economists based on evidence that working conditions are not bad at all in developing countries. international trade has led the creation of an international governing body requiring all factories to meet minimum working condition standards. these may be the only job opportunities people have; therefore, they are better off than without these jobs. wages in developing countries are now almost as high as in developed countries.

The claim that international trade promotes sweatshop working conditions in developing nations is frequently refuted by economists based on evidence that working conditions are not bad at all in developing countries. international trade has led the creation of an international governing body requiring all factories to meet minimum working condition standards. these may be the only job opportunities people have; therefore, they are better off than without these jobs. wages in developing countries are now almost as high as in developed countries.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter3: Scarcity, Trade-offs, And Production Possibilities

Section: Chapter Questions

Problem 3P

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