THE BENEFITS OF FREE TRADE: ADDRESSING KEY MYTHS

The result is higher wages, investment in such things as infrastructure, and a more dynamic ... Myth: US trade deficits are bad for Americans. Reality: US trade deficits generally are good for Americans.5 ... 4 Boudreaux, Globalization, 55–67. 5 Boudreaux, Globalization, 100–116.! ................
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