Quote:
Originally Posted by tanksoldier
...but China's manufacturing TL isn't higher or lower than Switzerland's... I'm confused.
|
One might argue that but it is not important for the example. The point is that a higher TL can compete in the same market as a lower TL if it makes the same goods available at an advantage.
For a more blatant example, compare Hudson's Bay hatchets to flint hatchets. They are basically the same thing. They will usually be made in the shape that the customers are used to with native made hatchets. But Hudson's Bay hatchets are just better.
Now one might argue that iron is so different from flint as to make it a totally different product even if they have the same function. But in between there is a long evolutionary period where one hatchet is better then another then another until we look at the difference between Hudson's Bay Hatchets and flint hatchets.