# Bittersweet (Skittles)

- Link: https://instituteforglobalaffairs.org/2017/04/bittersweet-skittles/
- Published: 2017-04-17T16:23:11-04:00
- Author: Lucas Robinson

Trade, trade, trade. We’ve heard a lot about why it’s bad. But who wins and who 
loses from trade?

Throughout the 2016 election trade was routinely criticized for its role in eliminating
US jobs. But the reality may not be that simple. Trade presents trade-offs. While
trade eliminates jobs that are particularly exposed to foreign competition, it also
increases people’s living standards by reducing the price of the goods and services
they consume on a daily basis. However, those who’re left behind by trade may not
have the resources to adjust to its disruptive impact.

So what can policy makers do for these people? Trade barriers are one possibility,
but that would reduce everyone’s living standards and do little to bring back jobs.
The real question is how to help those who are left behind by trade, while harnessing
those aspects of trade that benefit everyone. Join IGA as we explore both the bitter
and sweet features of trade.

**This video includes references to the Eurasia Group Foundation, now known as the
Institute for Global Affairs.**
