Does international trade primarily help or hurt middle-income households?
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International trade predominantly helps households in all income groups, because people generally buy imported products only when they are less expensive than similar domestic products. This enables consumers to get more for their money and increases their standards of living. A 2014 study of 40 nations found that international trade increased the purchasing power of all income groups in every country. The study also found that poor and middle-income consumers benefited more from trade than the wealthy in every nation.
DocumentationTrade Benefits by Income
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