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Foreign direct investment is sparking a national debate. Local communities compete for investment projects, while many of the residents of those communities fear losing their jobs to foreign outsourcing. Some opponents argue that such job losses have disproportionately negative impact on local...
Persistent link: https://www.econbiz.de/10009475015
When the U.S. runs a trade deficit with the Chinese, this requires a capital inflow from China to the United States … opportunities for U.S. workers in those sectors. However, in the long run, trade can affect only the composition of employment, not …
Persistent link: https://www.econbiz.de/10009475106