Often, specializing requires countries to deprioritize historically and socially important industries.

Question

Answer

Pro: Since the US does not have a comparative advantage in traditional forms of manufacturing, they would have to deprioritize those industries. However, they hold a deep cultural significance.

Answer

Con: Governments and businesses can make investments to ensure such areas can become prosperous through new industries while also pursuing free trade agreements.

Is more trade always beneficial for countries?

Often, specializing requires countries to deprioritize historically and socially important industries.

Pros

Cons

Since the US does not have a comparative advantage in traditional forms of manufacturing, they would have to deprioritize those industries. However, they hold a deep cultural significance.

Governments and businesses can make investments to ensure such areas can become prosperous through new industries while also pursuing free trade agreements.

Selected claim, supporting its parent

Often, specializing requires countries to deprioritize historically and socially important industries.

Pro claim 1

Since the US does not have a comparative advantage in traditional forms of manufacturing, they would have to deprioritize those industries. However, they hold a deep cultural significance.

Con claim 1

Governments and businesses can make investments to ensure such areas can become prosperous through new industries while also pursuing free trade agreements.