Basker, Emek; Hoang, Van Pham - Development and Policies Research Center (Depocen) - 2011
Retail chains and imports of consumer goods from developing countries have grown sharply over the past 25 years. Wal-Mart’s sales, which currently account for 15% of U.S. imports of consumer goods from China, grew 90-fold over this period, while U.S. imports from China increased 30-fold. We...