International Trade and Job Creation: Understanding the Link
International trade has a complex relationship with job creation. While exports create direct employment opportunities, imports can support jobs in industries that benefit from competitive inputs. Indirect and induced jobs also arise from trade-related activities, and sectoral shifts may occur as industries adapt to global demand. Furthermore, trade fosters innovation and productivity growth, which can lead to job creation. To fully harness the employment potential of international trade, policymakers and businesses should focus on promoting education, supporting innovative industries, and ensuring a fair distribution of benefits.