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The video below describes how international trade has benefitted the United States. Note that it does mention the negative impacts that some workers and industries
The video below describes how international trade has benefitted the United States. Note that it does mention the negative impacts that some workers and industries experience, and offers suggestions to mitigate these negative impacts. Why International Trade and Investment Are Good for the US Economy: A Story in Eight Charts. (2015). Peterson Institute for International Economics [Video File]. YouTube. Now, do some research on the current status of international trade as the result of COVID-19 and the war in Ukraine. What has happened with international trade, and further how has it affected the macroeconomic goals of economic growth, low unemployment, and inflation
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