The Benefits of Trade

• Expands and spurs growth in overseas markets for American goods and services;
• Creates higher-paying American jobs;
• Promotes U.S. security interests;
• Supports America's small- and medium-size businesses that employ 3 out of 4 American workers;
• Trade agreements like the NAFTA and the Uruguay Round have given American consumers greater choice and generated benefits for a typical family of $1,300 to $2,000 each year.
• Economists say that lowering barriers to trade by even one-third will boost the world economy by as much as $613 billion -- and boost the U.S. economy by $177 billion a year. To the typical family of 4, that means an additional $2,500 a year in savings. (January 2001 study by University of Michigan and Tufts University)

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