On Wednesday, October 29, 2008 at 13:30:54 (-0500) Sean Andrews writes:
>I'm trying to work out a few aspects of the phrase (and concept) "high
>value added labor" as it is use in mainstream, particularly
>international or transnational economics.  ...

I thought it simply referred to the ratio of labor cost to unit price.

So, textile mill is high value-added, a high-tech refinery is
relatively lower.


Bill
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