That's true ONLY IF America started to produce textiles. But the textbook trade models (e.g. Ricardian, Hecksher-Olin, etc) all pretty much recommend that Ameri

That's true ONLY IF America started to produce textiles. But the textbook trade models (e.g. Ricardian, Hecksher-Olin, etc) all pretty much recommend that America should just stick to producing fish and fur to maximise its gains from trade, and forget about a homegrown textile industry.