However, Mankiw overlooks an important point, which is that support for trade agreements is not all that strong even among people with high levels of education. For example, in a 2009 question about whether trade agreements like NAFTA and the policies of the World Trade Organization have been good or bad for the United States, net favorability (good minus bad) was +24,+9,+5, and +11 among people with no high school diploma, high school diploma, some college, and college graduate respectively.* Among people with a college degree (or more), 44% said "good thing," 33% "bad thing," and 22% that they didn't know.
Why is there substantial opposition to trade agreements, even among educated people? I think that it's because many people see economics in moral terms--they regard making tangible things, especially things that are important for life, as more valuable than other activities. So economists can talk about comparative advantage all they want, but for many people the loss of manufacturing jobs matters more than any gains in services and finance. It's possible that this is just a historical legacy--people are thinking of the kind of jobs their fathers or grandfathers had as the standard--but my guess is that it goes deeper.
Why is there substantial opposition to trade agreements, even among educated people? I think that it's because many people see economics in moral terms--they regard making tangible things, especially things that are important for life, as more valuable than other activities. So economists can talk about comparative advantage all they want, but for many people the loss of manufacturing jobs matters more than any gains in services and finance. It's possible that this is just a historical legacy--people are thinking of the kind of jobs their fathers or grandfathers had as the standard--but my guess is that it goes deeper.
*That looks like no relationship at all, but if you control for race and ethnicity, there is some association.
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