Using data from Trade Adjustment Assistance claims, we can make an accurate estimate of:
A) the variety of products U.S. consumers import from Mexico.
B) U.S. exports to Mexico that give Mexican consumers more product variety.
C) the barriers to trade erected by affected firms.
D) the unemployment caused by NAFTA.

Question

Quizplus · Accepted Answer

Trade Adjustment Assistance claims are filed by workers who have lost their jobs due to foreign competition. Therefore, using this data, we can estimate the number of jobs lost due to NAFTA, which can give us an understanding of the unemployment caused by this trade agreement. However, this data cannot accurately estimate the variety of products imported from Mexico or exported to Mexico, nor can it estimate the barriers to trade erected by affected firms.

Using Data from Trade Adjustment Assistance Claims, We Can Make