Debates over world trade often conflate two distinct issues. The first is how to expand the efficiencies that occur when international trade is broadly balanced and countries are able to benefit from ...
In his 1948 memoirs, Cordell Hull wrote that during his 12 years as US President Franklin D. Roosevelt’s secretary of state he was guided by the idea that “unhampered trade dovetailed with peace.” ...
As U.S. trade with China exploded in the early 2000's, American manufacturing began to shrivel. Those workers struggled to adapt and find new jobs. It ran counter to how mainstream economics at the ...
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