THE ROLE OF INTERNATIONAL TRADE IN U.S. ECONOMIC GROWTH
Keywords:
These frameworks facilitate a more integrated global marketplace, fostering innovation and efficiency that can lead to job creation and an expansive labor market. However, the benefits of these agreements are not uniformly distributed; certain sectors and communities may experience adverse effects, underscoring the need for targeted policy interventions.Abstract
The intricate relationship between international trade and the economic vitality of the United States has garnered substantial attention, especially in the context of evolving trade agreements. Agreements like the United States-Mexico-Canada Agreement (USMCA), the Trans-Pacific Partnership (TPP), and the North American Free Trade Agreement (NAFTA) not only reshape business landscapes but also redefine competitive dynamics in various industries.
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