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A negative result of free trade agreements would be? - Answers
A negative result of free trade agreements can be the displacement of local industries and jobs, as domestic producers may struggle to compete with cheaper imports. This can lead to increased unemployment in certain sectors, particularly in developing countries where industries may not be as competitive. Additionally, free trade can exacerbate income inequality, as the benefits of trade are often unevenly distributed, favoring larger corporations over small businesses and labor.
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A negative result of free trade agreements would be? - Answers
A negative result of free trade agreements can be the displacement of local industries and jobs, as domestic producers may struggle to compete with cheaper imports. This can lead to increased unemployment in certain sectors, particularly in developing countries where industries may not be as competitive. Additionally, free trade can exacerbate income inequality, as the benefits of trade are often unevenly distributed, favoring larger corporations over small businesses and labor.
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A negative result of free trade agreements would be? - Answers
A negative result of free trade agreements can be the displacement of local industries and jobs, as domestic producers may struggle to compete with cheaper imports. This can lead to increased unemployment in certain sectors, particularly in developing countries where industries may not be as competitive. Additionally, free trade can exacerbate income inequality, as the benefits of trade are often unevenly distributed, favoring larger corporations over small businesses and labor.
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