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U.S. Trade Has No Impact on Employment

I've always been a proponent of more trade between nations because it raises the standard of living for all and forces nations which might have opposing views on some subjects to engage in constructive dialogue. So it was great to see that Federal Reserve Chairman Ben Bernanke said the United States benefits on balance from expanded trade, warned against barriers to imports as a response to jobs lost to international competition, and that it does not have a harmful effect on U.S. employment.

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