Advantages and disadvantages of trade agreement

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Reference no: EM131242617

In November 1999, the U.S. and China reached a trade agreement, which led to the flooding of U.S. market with cheap Chinese products. Since then, Walmart, as one of the main importers of the Chinese products to the United States, has become the largest retailer in the U.S. and the largest corporation in the world. Has this trade agreement helped or hurt the United States? Discuss the advantages and disadvantages of this trade agreement from as many angles as possible. Who has benefited and who has suffered as a result of this agreement?

Reference no: EM131242617

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