Abstract:
Many critics argue that trade agreements the United States enters into should demand more worker rights among the trading partners. Ideally, such worker rights should benefit the citizens of the trading partner and also U.S. trading companies, which would then compete on a more level playing field. But is this the way it works in real life? The author has done interesting analysis suggesting just that. In a time when there are many trade imbalances in the world, demanding worker rights may well lead to more balanced trade.