Trade Adjustment Assistance as a Means of Achieving Improved Resource Allocation Through Freer Trade: An Analysis of Policies for Aiding the Import‐injured in the U.S., Canada and Australia

Leslie Stein

American Journal of Economics and Sociology, 1982, vol. 41, issue 3, 243-255

Abstract: Abstract. Provisions made by the governments of the United States, Canada and Australia to compensate individuals injured on account of increased import competition are examined. The rationale for specifically favoring trade displaced workers, even though employees elsewhere, on account of technological and other changes, also experience disruption, is explained. There after, the salient features of the three countries’adjustment assistance schemes are Outlined and their relative effectiveness evaluated. By and large, none of the three countries has provided sufficient compensation or amelioration to attenuate resistance by either firms or workers to freer trade.

Date: 1982
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