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November 1994, Vol. 117,
No. 11
Foreign trade alternatives for employment and occupations, 2005
Betty W. Su and Carl A. Chentrens
Economists, Office of Employment
Projections, Bureau of Labor Statistics
BLS examines the impacts on employment of two possible foreign trade alternativesa high-trade scenario portrays stronger world growth and higher domestic demand, while a low-trade scenario illustrates poorer economic performance abroad and weaker domestic economy with respect to trade. This article presents an analysis of foreign trade focusing primarily on the impacts on employment due to changes in imports and exports.
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