Don't Buy Myth That Int'l Trade Increases Unemployment

Don't Buy Myth That Int'l Trade Increases Unemployment
AP Photo/Andy Wong, File

Trade and globalization are under more blistering assault today than at any time since World War II. This assault comes from across the political spectrum. President Donald Trump is unabashedly skeptical of free international trade. So, too, is Sen. Bernie Sanders, whose hostility to trade prompted candidate Hillary Clinton to reject much of her husband's trade-freeing policies.

Is the case for free trade really as weak as many politicians and pundits now insist? No.

The case for free trade remains as strong as ever – and that strength is great. The problem is not with trade but with misconceptions about trade.

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