Number: 98-742
Title: TRADE WITH DEVELOPING COUNTRIES: EFFECTS ON U.S. WORKERS
Authors: J.F. Hornbeck, Economics Division 
Abstract: U.S. trade patterns are continuing to change, revealing the likely irreversible drift toward global economic integration. Expanding trade with developing countries is one of the more troubling "globalization" issues because many fear that it leads to lost jobs or reduced incomes for the U.S. labor force, particularly unskilled workers. This report provides a summary of the major trends in U.S. trade with developing countries, the foundations of trade theory, a discussion of the empirical literature on employment and wage effects, and a summary of policy options.
Pages: 14
Date: Updated September 2, 1998