Will New Free Trade Agreements Downsize U.S. Jobs?
By: Jim Zarroli
October 13, 2011
Congress approved free trade agreements with South Korea, Colombia and Panama Wednesday night. They represent the biggest trade pacts since the passage of the North American Free Trade Agreement. President Obama has promised to sign them into law. Supporters say the pacts will open new markets to U.S. companies, but others say they will hurt industries already weakened by imports.
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