Thursday, 14 April 2016

Why the TPP has benefits for workers that far outweigh its costs (Robert Z. Lawrence, WEF)

Cargo containers sit idle at the Port of Los Angeles as a back-log of over 30 container ships sit anchored outside the Port in Los Angeles, California, February 18, 2015.

Median household income in the United States has stagnated for decades and one way to boost that income could be to reap more gains from trade. Trade supports higher-paying jobs, increases the innovation and productivity growth that are necessary to support sustained increases in living standards and also expands the purchasing power of consumers.

https://www.weforum.org/agenda/2016/04/why-the-tpp-has-benefits-for-workers-that-far-outweigh-its-costs

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