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Is more trade always beneficial for countries?
Loading Discussion
Selected claim, supporting its parent
Rich countries frequently subsidize their own industries or engage in '
dumping
'. However, when less powerful countries do this, they often face retaliation.
Pros
Cons
Pro claim 1
The US gives
heavy subsidies
to their farming industries, which acts as a non-tariff barrier against foreign agricultural imports.
Pro claim 2
China
frequently engages in '
dumping
', where products are intentionally sold at a larger price than is standard in a foreign market, so as to injure competing firms.
Con claim 1, children below
There has been a growing willingness to
challenge
foreign governments who engage in such behavior.