Question:
How are we really benefitting from the national trade? Bringing in a certain company will benefit some stakeholders while others might lose on it. Some industries and local producers can get outshined by foreign global firms. Tariffs are used as regulation for this. Solution: States can protect the vulnerable sectors and allow trade some jobs to compete in the open market.
Author: David UrsuAnswer:
What is the Distributional Dilemma and how can it be solved?
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