Full text : International trade

DIFFERENCES IN LABOR COSTS 177

the competitive position in the market, would be the same for
the two products.
In thus considering competitive conditions, however, we are
passing the limits of the present chapter. We have been concerned
 with the direct and simple fact of differences in labor
cost for the same commodity. A consideration of money costs,
prices, the possibilities of the sale of a commodity in the markets
of another country leads to the indirect evidence of differences in
cost. To this attention will be given in the next chapter.
            
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