Free trade initiatives argue against tariffs, quotas, and any other barriers to trade. The rush of imports from countries that have a comparative advantage, however, meets with resistance from domestic industries threatened by those imports. As a production manager who understands the academic argument for free trade working in an industry threatened by cheaper imports, how do you react?© BrainMass Inc. brainmass.com October 9, 2019, 11:40 pm ad1c9bdddf
As a production manager, I understand that such threats are unavoidable and have to be accepted in today's globalized world. ...
Free trade initiatives argue against tariffs, quotas, and any other barriers to trade.