The "comparative advantage" we enjoy is an artificial creation of deliberate policy choices. The traditional "well this is just econ 101" macroeconomic lectures describe scenarios as they exist, not how they should be. The "comparative advantage" that you think developing countries have is using cheap slave wage labor to produce an unending wave of cheap (mostly plastic) consumer goods that people are quickly realizing in this pandemic they don't really need. Not to mention non-existent environmental regulations.
I hope that this crisis makes people do a deep introspection of their consumption habits, and realize where these "goods" actually come from, and whether it was really worth it to stock our giga stores with this stuff.
I hope that this crisis makes people do a deep introspection of their consumption habits, and realize where these "goods" actually come from, and whether it was really worth it to stock our giga stores with this stuff.