Again, these increases in exports create jobs. U.S. employment in export-related activities is significant. Comparable figures are available for the agricultural sector. The first suggests that liberalized trade leads to a loss of domestic jobs. In fact, the exact opposite can be true.
Trade liberalization can lead to increased domestic employment.
It is important to distinguish between the loss of specific jobs and the general level of employment. Trade liberalization can result in the elimination of jobs in specific sectors of the economy, as those who are potentially affected will quickly point out. The second element is the belief that jobs can be saved through government protection. Governments can save specific jobs, however, the cost of doing so can be substantial. As the previous example demonstrated, the cost of a job saved may be many times the income it earns.