Question

Complete this paragraph about the impact of trade on American jobs based on the video you just watched.

New Balance manufactures its shoes in
The Obama administration proposed a trade
agreement called the
. It is
to hire
Vietnamese workers than American workers. New Balance executives are hoping to avoid their workers losing their
because of the trade agreement.

Answer 1

Economic dogma asserts that free trade improves everyone’s wellbeing. For decades, both major American political parties have hailed free trade with other countries as critical to voters’ well being. But candidates in the 2016 presidential election have raised piercing questions about the benefits, with both major party nominees distancing themselves from the proposed Trans-Pacific Partnership (TPP), a pact with bilateral support that was seven years in the making. The Republican nominee is even proposing to tear up the North American Free Trade Agreement (NAFTA), a signature policy of the George H.W. Bush and Bill Clinton administrations.

Step-by-step explanation:

Answer 2

New Balance manufactures its shoes in

New England

. The Obama administration proposed a trade agreement called the

Trans-Pacific Partnership

. It is

10 times cheaper

to hire Vietnamese workers than American workers. New Balance executives are hoping to avoid their workers losing their

jobs

because of the trade agreement.

Step-by-step explanation: