An article in the New Yorker states, the main burden of trade-related job losses and wage declines

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An article in the New Yorker states, "the main burden of trade-related job losses and wage declines has fallen on middle- and lower-income Americans. But ... the very people who suffer most from free trade are often, paradoxically, among its biggest beneficiaries." Explain how it is possible that middle- and lower-income Americans are both the biggest losers and at the same time the biggest winners from free trade.
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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