Trade and wages: choosing among alternative explanations

North-South trade competition cannot be an explanation for the adverse trend for U.S. unskilled wages. If wage competition in these industries from abroad pushed down wages, then prices of these goods should also have gone down, and they have not. Also VERs and anti-dumping measures have protected exactly the wage earners supposedly threatened.

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Year of publication:	1995
Authors:	Bhagwati, Jagdish
Published in:	Economic Policy Review. - Federal Reserve Bank of New York. - 1995, Jan, v. 1. no. 1, p. 42-47
Publisher:	Federal Reserve Bank of New York
Subject:	International trade \| Labor turnover \| Labor unions \| Wages

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Extent:	text/html application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

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