The China Deal: If You Can't Sell It, Buy It

Doug Henwood dhenwood at panix.com
Tue May 23 12:01:30 PDT 2000


Brad De Long wrote:


>But Heckscher, Ohlin, Stolper, and Samuelson say that there is a
>very strong presumption that increased trade is bad for the *scarce*
>domestic factor of production--which in the case of the U.S. today
>is labor.

What about trade between the U.S. and other First World countries?

Doug



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