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Free Trade Fact of the Day

Posted By Conn Carroll On May 16, 2008 @ 12:15 pm In International | Comments Disabled

The U.S. Chamber of Commerce recently unveiled TradeRoots.org [1] which “is the only sustained, national trade education program dedicated to raising grassroots support and public awareness about the importance of international trade to local communities.” Their “Facts [1]” page includes:

Exports have been growing two to three times faster than the economy as a whole.

Over one-fifth of the growth in U.S. GDP depended on exports in 2005.

Jobs supported by goods exports pay 13-18% higher than the average wage.

Small businesses represent 97% of all U.S. exporters, and produced 28.6 percent of the known export value in FY 2004

One in three acres of U.S. agricultural production is exported.


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URL to article: http://blog.heritage.org/2008/05/16/free-trade-fact-of-the-day-51/

URLs in this post:

[1] TradeRoots.org: http://www.traderoots.org/facts.jsf

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