Friday, June 28, 2013

Main Street Should Embrace Globalization | Cato Institute

Main Street Should Embrace Globalization | Cato Institute: "Free trade means we can buy fresh-cut flowers from Colombia in the middle of winter, along with fresh fruit from Chile and fresh vegetables from Mexico."

"A 2008 study found that trade with China has helped to offset nearly a third of the official rise in income inequality from 1994 to 2005. Lower prices on goods imported from China have more than compensated for any downward pressure on low-skilled wages because of U.S.-China trade."

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