As the USA has opened up trade, it has lost many of its low-skilled manufacturing jobs, but it has gained jobs in high-skill industries, such as the soft ware industry. (hint: recall, countries tend to export goods that are intensive in the factors they have in abundance compared to other countries and USA has more high-skilled labor). Discuss whether the United States as a whole has been made better off or worse off by trade. Mention specific industries or groups which have been hurt or which have benefited from trade to support your answer.
discussion and compared about USA trade and other countries
August 10th, 2017 admin