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Argument: Free trade shifts work to more productive sectors

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Supporting evidence

  • James K. Glassman. "Trade Briefing Paper no. 1 The Blessings of Free Trade". Center for Trade Policy Studies. May 1, 1998 - "'Free trade does not create jobs,' writes Melvyn Krauss of the Hoover Institution in How Nations Grow Rich, his excellent book on trade. Instead, 'it creates income for the community by reallocating jobs and capital from lower-productivity to higher-productivity sectors of the economy.' In other words, trade allows us to concentrate on what we do best. It may kill jobs in the textile industry, which is labor intensive, but breed jobs in electronics, where ingenious Americans have a "comparative advantage,' in the famous phrase used by David Ricardo in 1817."

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