US Trade Barriers and Globalization
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Pages: 5
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Pages: 5
(approximately 235 words/page)
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showed first 75 words of 1379 total
showed last 75 words of 1379 total
…short term trade solutions. In the long run, it is not an efficient means of international trade. Consumers are forced to pay for a cost benefiting an industry and not themselves. In response to a trade order, an effected country may put up trade barriers to offset those of another country. The end result is a lose-lose situation for both countries. Free trade and globalization are the only effective means to generating economic increase worldwide.
…short term trade solutions. In the long run, it is not an efficient means of international trade. Consumers are forced to pay for a cost benefiting an industry and not themselves. In response to a trade order, an effected country may put up trade barriers to offset those of another country. The end result is a lose-lose situation for both countries. Free trade and globalization are the only effective means to generating economic increase worldwide.
