US cities exports surge. Yes, exports
CNBC Friday 22nd November, 2013
low-skill, labor-intensive positions--including those in apparel and footwear--have shipped offshore. But U.S. cities of all sizes are producing and showcasing more capital-intensive durable goods for foreign buyers. "More U.S. cities have entered the hierarchy of global cities," said Fran Tonkiss, a sociologist and director of the Cities Program at the London School of Economics. In international trade, scalable specialization is rewarded. In other words, if you make a specific widget that a pocket of the world needs, you've just staked a claim in the global economy. That kind of niche specia...
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