Our usual models of trade assume that jobs lost in one industry will be offset by jobs
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Our usual models of trade assume that jobs lost in one industry will be offset by jobs gained in other industries. The Autor et al. paper argued, however, that communities that lose manufacturing jobs to imports end up losing other jobs as well. Is this a contradiction?
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The Autor et al paper found that the losses from trade tend to be geographically concentrated Indust...View the full answer
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Related Book For
International Economics Theory and Policy
ISBN: 978-0134519579
11th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
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