Free trade and Protection |
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Free trade encourages many things such as competition, and efficient use of resources. Free trade can also have a negative effect. This is the threatening of job security, which is protecting some businesses from the competetion when that business is on a low of production and or sales. When it comes to free trade there is always the protectionist which are people who believe that governemtn should play a major role in regulating trade and subsidizing industry to protect the domestic economy. The believe in all of the negative effects of free trade.
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Dayton High School, Dayton, WA 99328, (509) 382-4775 |
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