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Is more trade always beneficial for countries?
Loading Discussion
Selected claim, opposing its parent
Accomodations for infant or weak industries can be provided within trade agreements.
Pros
Cons
Pro claim 1
Some have proposed allowing
time-specific protections
for certain industries that get eventually phased out, to allow short-term growth.
Con claim 1
It may be unlikely that more powerful countries would allow for such provisions, especially in the face of opposition from politically powerful domestic industries who want greater access to foreign markets.