question archive Some argue that the growth of trade with low-wage countries reduce the median wage for full-time workers, especially those without a college degree
Some argue that the growth of trade with low-wage countries reduce the median wage for full-time workers, especially those without a college degree
Subject:EconomicsPrice: Bought3
Some argue that the growth of trade with low-wage countries reduce the median wage for full-time workers, especially those without a college degree. This is definitely one source of impacts that the growth of trade might have on the domestic economy. But on the other hand, this leads to lower prices for millions of US consumers and/or businesses. And in particular, the lower input prices for the businesses have the potential for business expansion and more employment. What do you think of this aspect of the trade agreement changes?
