discussion and compared about USA trade and other countries

Words: 94
Pages: 1
Subject: Essays

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.

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