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Trade Deals Are About Increasing Protectionist Barriers

Baker, Dean
http://cepr.net/blogs/beat-the-press/trade-deals-are-about-increasing-protectionist-barriers

Publisher:  Center for Economic and Policy Research
Date Written:  15/12/2019
Year Published:  2019  
Resource Type:  Article

Past trade deals were about making it easier to trade manufactured goods, making it as easy as possible for corporations to take advantage of low-cost labor in the developing world. This has the predicted and actual effect of putting downward pressure on the wages of less-educated workers.

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