One effect of having access to cheap foreign goods can be to raise workers' real wages.

Name: One effect of having access to cheap foreign goods can be to raise workers' real wages.
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When cheaper foreign goods become available, consumers can purchase them at a lower price, which can increase their purchasing power and raise their standards of living. This can lead to increased demand for domestic goods and services and potentially lead to a rise in wages for workers in those industries.

One Effect of Having Access to Cheap Foreign Goods Can