Why would focusing only on the jobs currently held by people in an area tend to overstate

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Why would focusing only on the jobs currently held by people in an area tend to overstate the benefits to protectionism? Why do the numbers of those who lose jobs from eliminating trade restrictions overstate the negative effects of more open trade on unemployment?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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