Hopefully the wages will rise there over time at least thats what the theory is
"Hopefully the wages will rise there over time at least thats what the theory is"
Yes, I think wages will rise in India through trade. And it doesn't mean a depression of wages here either. People sometimes forget that you can make more jobs along with more product. The standard of living can rise in both countries through trade. It is not a zero sum game. It never has been. World output is a lot higher now than it was 100 years ago (per capita and in total).