Abstract:
The purpose of this paper is to provide background information
and some statistics relevant to a discussion on trade policy. The
focus is primarily on the impacts of imports on U.S. employment
levels. The paper consists of four parts, the first three of which
are theoretical in nature.
Parts 1 through 3 are successively: 1) the economics of international
trade, 2) labor markets and the impact of international
trade in U.S. labor markets, and 3) the issue of U.S.. government
intervention in markets. The fourth part of this paper examines
the data collected for this study on imports, domestic production,
and employment levels.
