Finance:Sweatshop labor fallacy
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 | It has been suggested that this page be merged into Sweatshop. (Discuss) Proposed since August 2021. |
The "sweatshop labor fallacy" is a term used by certain economists[1] to describe the opinion that trade hurt workers in poor exporting countries because those workers are paid very low wages.[1][full citation needed] Usually expressed in emotional terms[2][full citation needed][page needed] and sometimes encouraging to boycott the firm that outsource work in a low-wage country. According to proponents of this practice, low-wage workers would be even worse off if the firm shut down its factory in that country.[citation needed]
See also
- Gains from trade
- Comparative advantage
References
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