The Benefits of Free Trade to U.S. Consumers
Business Economics, 2005
11 Pages Posted: 11 May 2020
Date Written: 2005
Abstract
Although there is a general recognition that trade benefits consumers, there is little research that estimates the direct impact of increased trade on U.S. citizens. We take broad measures of the economic impact of trade liberalization from three authoritative studies and quantitatively estimate how free trade has effectively increased the income of the average U.S. household.
Keywords: Benefits of Free Trade, Globalization, Trade Liberalization
Suggested Citation: Suggested Citation
Langenfeld, James and Langenfeld, James and Nieberding, James F., The Benefits of Free Trade to U.S. Consumers (2005). Business Economics, 2005, Available at SSRN: https://ssrn.com/abstract=3578036
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