Export Of Jobs

Export of jobs in Global Commerce Policy

In this regard, a definition of this issue is as follows: the erroneous view sometimes expressed sometimes by trade unions and manufacturers in sensitive sectors that the import of products means the export of jobs because any order placed abroad means that someone in a foreign country now has a job. The remedy usually suggested is higher tariffs to promote import substitution. However, such policies lead to higher costs for the economy overall, and they therefore make it less competitive with resulting higher unemployment. See also exporting unemployment.[1]

Export of jobsin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Export of jobs” entry (OAS)

See Also