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Questions About World TradeASK THIS | July 201, 2004Take a good look at some product that used to be produced in the U.S. and is now produced abroad, says economics professor and blogger Brad DeLong. By Brad DeLong Q. What happened to the people who used to work in the U.S. making it? Q. What happened to the community they lived in – the places where they spent their money and where those who received their money spent their money in turn, and so forth? Q. How did it change the lives of the foreigners who now make the stuff? Q. How is it changing the community in which the foreigners who now make the stuff live? Q. To what extent are those who sell us imports using their income to buy more American exports? Or investing in America? And what are the effects of that? Those are some questions I really wish that America’s reporters were writing about.
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