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QUESTION

Explain why a bilateral agreement with another country that opens a nation's borders to both imports from, and exports to, that country might not

  • Explain why a bilateral agreement with another country that opens a nation's borders to both imports from, and exports to, that country might not necessarily reduce the domestic nation's employment of labor.
  • Explain why the short-term effects of outsourcing on U.S. wages and employment tend to be more ambiguous than the long-term effects. 
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