Assertion: global labour arbitrage | /r/HasProperty | economic occurrence
Facets:
Source sentences:
text: Global labour arbitrage is an economic occurrence that happens when the barriers to international trade are weakened or removed, allowing jobs to move to nations where the cost of doing business or the wage paid to employees is less expensive.
text: Global labor arbitrage is an economic phenomenon where, as a result of the removal of or disintegration of barriers to international trade, jobs move to nations where labor and the cost of doing business (such as environmental regulations) is inexpensive and/or impoverished labor moves to nations with higher paying jobs.