The economic structuralist argument about free trade is that
A) it benefits both the bourgeoisie and the proletariat.
B) it is necessary to increase a country's wealth.
C) it works well for some countries.
D) it is a way for owners of capital to increase their power over workers.

Question

Quizplus · Accepted Answer

Economic structuralists argue that free trade benefits owners of capital by allowing them to increase their power over workers. This is because free trade allows companies to move production to countries with lower labor costs and weaker labor protections, which puts downward pressure on wages for workers in both the exporting and importing countries. As a result, workers in both countries may see their bargaining power decrease as they compete with each other for jobs, while owners of capital benefit from lower labor costs and increased profits.

The Economic Structuralist Argument About Free Trade Is That