Trade working in an industry threatened by cheaper imports


Question:

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?

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Microeconomics: Trade working in an industry threatened by cheaper imports
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