Question

Does the theory of comparative advantage support the view that trade is bad for the United States?

Answer 1

The theory of comparative advantage is an economic theory about the work gains from trade for individuals, firms, or nations that arise from differences in their factor endowments or technological progress.

Yes, the theory of comparative advantage support the view that trade is bad for the United States because it produces more expensive labor intensive goods because of it's more expensive labor and availability of high educated labor force and technically sophisticated labor forces where the developing countries produce more expensive human and physical capital intensive goods because of their relative scarcity of these inputs.this logic implies United States is unlikely an insignificant global competitor in the production of green technologies that are not relatively intensive human and physical capital but if the barrier overcomed, then the development of green technologies has a comparative advantage in producing.