Home > International Trade > Winners and Losers in the Colombia-U.S. FTA

Winners and Losers in the Colombia-U.S. FTA

It’s conventional wisdom and trade agreements like the one moving forward now between the U.S. and Colombia create winners and losers in each economy, but that the gains of the winners exceed the losses of the losers, making trade a net positive to both economies.

But I can’t find, after plenty of looking, any evidence of who exactly in the U.S. is set to lose from this agreement.

Organized labor opposes the agreement, presumably because of the poor treatment of labor unions in Colombia. I’m sympathetic to their concerns, but find it implausible that this would really drive opposition to a trade pact.

Who are the real economic losers if this agreement happens?

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Categories: International Trade
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