An opinion column in the New York Times by Donald J. Boudreaux of George Mason University is tied "Trade Is Not a Job Killer" in the column, Boudreaux notes that colleagues estimates that trade with China from 1999 to 2011 destroyed 24 million jobs in the United States" Source: Donald J. Boudreaux, "Trade is Not a Job Killer," New York Time, March 28, 2018 trade with China during that period often called the "China shock" destroyed 2.4 million jobs, how can Boudreaux claim that hade is not a job kille? by MIT economist David Autor and OA. While trade with China eliminated jobs in US companies that were less efficient than foreign companies, those workers easily found new jobs, and total employment in the United States increased over the same period OB. While trade with China eliminated jobs in US companies that were less efficient than foreign companies. It also created new jobs in US companies that export products to foreign markets OC. Trade with China eliminated only manufacturing jobs and the fraction of US workers employed in manufacturing had begun to long before the China shock began OD. The US Federal Trade Adjustment Assistance program succeeded in increasing total employment in the United States over decline the same period
An opinion column in the New York Times by Donald J. Boudreaux of George Mason University is tied "Trade Is Not a Job Killer" in the column, Boudreaux notes that colleagues estimates that trade with China from 1999 to 2011 destroyed 24 million jobs in the United States" Source: Donald J. Boudreaux, "Trade is Not a Job Killer," New York Time, March 28, 2018 trade with China during that period often called the "China shock" destroyed 2.4 million jobs, how can Boudreaux claim that hade is not a job kille? by MIT economist David Autor and OA. While trade with China eliminated jobs in US companies that were less efficient than foreign companies, those workers easily found new jobs, and total employment in the United States increased over the same period OB. While trade with China eliminated jobs in US companies that were less efficient than foreign companies. It also created new jobs in US companies that export products to foreign markets OC. Trade with China eliminated only manufacturing jobs and the fraction of US workers employed in manufacturing had begun to long before the China shock began OD. The US Federal Trade Adjustment Assistance program succeeded in increasing total employment in the United States over decline the same period
Chapter21: International Trade
Section: Chapter Questions
Problem 11QP
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Transcribed Image Text:An opinion column in the New York Times by Donald J. Boudreaux of George Mason University is titled "Trade Is Not a Job Killer" In the column, Boudreaux notes that work by MIT economist David Autor and
colleagues estimates that trade with China from 1999 to 2011 destroyed 2.4 million jobs in the United States."
Source: Donald J. Boudreaux, "Trade is Not a Job Killer," New York Times, March 28, 2018.
If trade with China during that period, often called the "China shock," destroyed 2.4 million jobs, how can Boudreaux claim that "trade is not a job killer?
OA. While trade with China eliminated jobs in U.S. companies that were less efficient than foreign companies, those workers easily found new jobs, and total employment in the
same period
United States increased over the
OB. While trade with China eliminated jobs in U.S. companies that were less efficient than foreign companies, it also created new jobs in U.S. companies that export products to foreign markets
OC. Trade with China eliminated only manufacturing jobs and the fraction of U.S. workers employed in manufacturing had begun to decline long before the China shock began
OD. The U.S. Federal Trade Adjustment Assistance program succeeded in increasing total employment in the United States over the same period
4
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