How Shifts in Trade Impact Labor Markets

 

Section 2 introduces the impacts of international trade on jobs, wages, and working conditions on the domestic market. In this discussion, your task is to:

1. Explain how international trade can impact one of the labor market factors found in Section 2
2. Do these impacts create concerns for you regarding free trade?
3. In response to two of your peers, explain either a tool to alleviate or a rebuttal to their concern regarding free trade.

Learning Objective: 21.2.1- Discuss how international trade influences the job market; 21.2.3 - Explain how international trade impacts wages, labor standards, and working conditions

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International trade can have significant impacts on labor market factors such as jobs wages and working conditions Heres an explanation of how interna... View the full answer