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One study that focused on the impact of china trade

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    One study that focused on the impact of China trade on the U.S. textile industry noted that 19 U.S. textile factories were closed and, 26,000 jobs lost, in 2004 and 2005. If these factories had not closed, it would have cost U.S. consumers $6 billion more in higher textile prices. Assuming these facts are true, offer an argument for or against off-shoring U.S. jobs. Given all that is being said, today, about China-US trade relations, offer one fact or piece of information, you assume to be true.

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