US Trade Barriers and Globalization
Title: US Trade Barriers and Globalization
Category: /History
Details: Words: 1379 | Pages: 5 (approximately 235 words/page)
US Trade Barriers and Globalization
Category: /History
Details: Words: 1379 | Pages: 5 (approximately 235 words/page)
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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.