I have a dilemna regarding international trade, please, help me answer this question?
China. Bad government. In purchasing Chinese goods am I helping the Chinese people at all or just fueling the greedy powers that be to work their people even more? Sometimes I think, man, Chinese people need money, but I don't even know if they get any of the money from goods! What to do huh guys, any ideas?
Answer:
I asked a Chinese lady from China that question.
She answered,"things are better in China now because we are allowed to own land."
We could be getting false information also.
You are helping out both. The chinese people are being helped out because you are supporting their jobs. You are also helping out the chinese government, too.
A case can be made that the Chinese government is hurting its own citizens by undervaluing the yuan. This encourages large exports to the US and discourages imports from the US.
This creates the bizarre situation where the people in a poor country work hard to ship boatload after boatload of products to the citizens of a rich country and get very little in return. If Marx was still around, he would argue that is an example of how the rich powerful US is exploiting poor weak China. He would not believe that the Chinese government is actually encouraging this.
Of course you are helping see the thing is the more people buy these goods the greater the jobs available. China is not a developed country which means it cant jump from having ppl dying on the streets to paying extremely high wages and having the health standards we enjoy today in the developed world. All countries went through a process of paying workers poorly its when these countries develop that they adopt the health, employment and living conditions that we have so the best thing you can do is buy these products so that they through development reach the mentality point where they can adopt such conditions. If everyone boycotted their products theyd only pay workers less to try and attract more ppl into buying their products by making them even cheaper so you are harming them more rather than helping them by boycotting
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Answer:
I asked a Chinese lady from China that question.
She answered,"things are better in China now because we are allowed to own land."
We could be getting false information also.
You are helping out both. The chinese people are being helped out because you are supporting their jobs. You are also helping out the chinese government, too.
A case can be made that the Chinese government is hurting its own citizens by undervaluing the yuan. This encourages large exports to the US and discourages imports from the US.
This creates the bizarre situation where the people in a poor country work hard to ship boatload after boatload of products to the citizens of a rich country and get very little in return. If Marx was still around, he would argue that is an example of how the rich powerful US is exploiting poor weak China. He would not believe that the Chinese government is actually encouraging this.
Of course you are helping see the thing is the more people buy these goods the greater the jobs available. China is not a developed country which means it cant jump from having ppl dying on the streets to paying extremely high wages and having the health standards we enjoy today in the developed world. All countries went through a process of paying workers poorly its when these countries develop that they adopt the health, employment and living conditions that we have so the best thing you can do is buy these products so that they through development reach the mentality point where they can adopt such conditions. If everyone boycotted their products theyd only pay workers less to try and attract more ppl into buying their products by making them even cheaper so you are harming them more rather than helping them by boycotting
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