Introduction

Objection: Americans Cannot Compete against Low-Cost Foreign Producers

ESSAY 1: COMPARATIVE ADVANTAGE AND SUPPLY CHAINS

Objection: Free Trade Harms the United States

ESSAY 2: IMPORTS ARE NOT A DEDUCTION FROM GDP

Objection: The Trade Deficit Is Bad

ESSAY 3: THE BALANCE OF TRADE

Objection: The United States Is Losing Its Factories

ESSAY 4: THE NEW MANUFACTURING AND THE AMERICAN ECONOMY

Objection: Trade Destroys Jobs

ESSAY 5: JOBS, JOBS, JOBS, AND ECONOMIC GROWTH

Objection: Trade Lowers Wages

ESSAY 6: LABOR PRODUCTIVITY AND REMUNERATION

The Politics of Trade and a Bit More Economics

ESSAY 7: FREE TRADE AGREEMENTS AND NAFTA

Objection: Free Trade Is Not Fair

ESSAY 8: AMERICAN CONSUMERS BENEFIT FROM TRADE WITH CHINA