Interest in U.S. trade policy has been stimulated in recent years by the massive American trade deficit, by the belief that intervention by foreign governments in international markets has given other
No names are more closely associated with modern trade theory than Eli Heckscher and Bertil Ohlin. The basic Heckscher-Ohlin proposition, according to which a country exports factors (embodied in goo
Between 1977 and 1997, there was a precipitous decline in the proportion of US workers with median education (12 years or less) who were represented by a labor union—from 29 to 14 percent; the unioniz
Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization’s relationship to democracy, its impact on the environment and on labor
