Excellent discussion by Mark Thoma on International Trade. Thoma discusses the New Trade Theory and uses data to show that jobs are insourced and outsourced as a result of trade. Additionally, the US is a net insourcer of service jobs.
Read the full discussion at http://economistsview.typepad.com/economistsview/2009/06/reinterpreting-the-blinder-numbers-in-the-light-of-new-trade-theory.html.
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