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Advantage Quote by David Autor

“The U.S. tends to export high-tech goods because we have strong comparative advantage there, and we tend to import labor-intensive and less skill-intensive goods that other countries can do more cheaply.” quote by David Autor
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“The U.S. tends to export high-tech goods because we have strong comparative advantage there, and we tend to import labor-intensive and less skill-intensive goods that other countries can do more cheaply.”

David Autor

About This Quote

Source Speech: Economic Policy Forum, 2018

The US exports high‑tech products due to its comparative advantage, while importing labor‑intensive goods cheaper elsewhere.

In simple terms: America trades tech for cheaper labor goods.

Key Takeaway

Leverage strengths, outsource weaknesses.

Themes

trade comparative advantage globalization technology labor

Mood

analytical informative pragmatic

Type

economic policy

When to use this quote

  • manufacturing
  • software development
  • outsourcing
  • consumer goods

Key Concepts

comparative advantage specialization trade balance industrial policy

Questions to Reflect On

  • What sectors should the US protect?
  • How can workers adapt to global competition?
A Different Perspective

Over‑reliance on imports can erode domestic skills.

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