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Describes wage trends, analyzes the implications of trade theory, and examines whether the evidence supports a causal relationship between trade and wages. There has been little increase in real hourly pay since the early 1970s, and an increasing gap between the wages of the skilled and unskilled.
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Describes wage trends, analyzes the implications of trade theory, and examines whether the evidence supports a causal relationship between trade and wages. There has been little increase in real hourly pay since the early 1970s, and an increasing gap between the wages of the skilled and unskilled.