The united states has pursued free trade policy

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Question

From Is Wal-Mart Good for America? and the New York Times article

1. The United States has pursued "free trade" policy since the 1930s, and this policy has benefited the nation in many different ways. According to the economist Brink Lindsey interviewed in the film, what are some of the major benefits of free trade? The film also examines some drawbacks of free trade, and why free trade is not always "good" for America?

2. According to the article assigned, why protectionism - raising tariffs to limit imports of foreign goods - cannot be a good solution to the problems examined in the film? Given that many American jobs have been lost due to "free trade," what's wrong with returning to protectionism in order to save some jobs?

Reference no: EM133469823

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