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Free Trade and Fair Trade

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Free Trade and Fair Trade
Topic: Business 10:43 pm EDT, Mar  9, 2008

Brad DeLong:

To what extent are rich countries obligated to open their markets to poor countries when the consequence is falling wages for the poor in the rich--bearing in mind that the poor in the rich are often wealthier and have more opportunity than the rich in the poor? To what extent do rich countries do themselves well--serve their national interest--by opening their markets to poor countries even when the consequence is falling wages for the poor in the rich?

Free Trade and Fair Trade



 
 
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