We all read about free trade, but do we truly understand its real world effects? So many of our possessions, from the clothes we wear to the foods we eat, come to us as imports. Is free trade the solution to high prices, or is the real cost more than we bargained for?
Senior Fellow, Hudson Institute
According to Professor Andrew Bernard of Dartmouth College , about 40% of American workers work for firms that export. These exporting firms are vital for American jobs, especially at a time of slowing job creation. The falling dollar makes American goods more desirable abroad, creating more jobs for Americans. And foreign firms have headquarters here, employing 5.3 million American workers. The Organization for International Investment tracks these jobs by state.
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