Challenges for the Global Trading System

Challenges for the Global Trading System

- Speaker: Robert Lawrence, Professor, Harvard University

- Date: January 25, 1996

"The most powerful claim that trade with developing countries has an adverse impact on living standards in developed countries rests on a proposition which seems to be grounded in common sense, but is fundamentally flawed. Its most naïve version is the proposition that high-wage countries cannot compete with low-wage countries...”