How Imports Boost Employment
According to today’s populists, “good jobs” in US manufacturing have been “lost” to competition from imports and preferential trading arrangements. But this narrative does not fit the facts: imports actually create jobs, and trade agreements bear little blame for the decline in manufacturing employment.
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MEXICO CITY – According to today’s populists, “good jobs” in US manufacturing have been “lost” to competition from imports and preferential trading arrangements. But this narrative does not fit the facts, because imports create jobs, too.