ABSTRACT
The increased movement of components, services, and final goods across international borders has led to concerns that highly paid American workers now face increased competition from a huge number of lower-paid foreigners, that production sharing means their work is being outsourced (or “offshored”) to other countries, and that their jobs are thereby being destroyed and their wages reduced. The implication of these assertions is typically that American workersor at least a large segment of them-are being made worse off by a more integrated world economy.
