Interview with Dr. Douglas A. Irwin on the historical benefits of trade
Minute 1’53s: What’s wrong with the view that trade is a zero-sum game.
Minute 4’50s: A review of the concept of comparative advantage by using the textile and apparel industry as an example.
Minute 7’30s: What is trade protectionism?
Minute 9’02s: Why did the United States brace the idea of free trade after WWII and push forward the establishment of the multilateral trading system GATT?
Minute 10’30s: what drives the U.S. trade deficit from the economic perspective?
Minute 15’57s: international trade and U.S. apparel manufacturing jobs
4 thoughts on “Historical Benefits of Trade”