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Topic: |
Science
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Number of pages / Number of words: |
4 / 933 |
Essay's paper body
Compare to US other industries in the free trade; the steel industry got negative benefit through the free trade. The US steel industry, for example, has argued for years with some success that it is vital to national defense. In the event of a war, the United States would not want to depend on foreign countries for products as vital as steel...
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The US steel industry, for example, has argued for years with some success that it is vital to national defense. In the event of a war, the United States would not want to depend on foreign countries for products as vital as steel. Even if the US acknowledges another country's comparative advantage producing steel, they may want to protect their own resources...
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General points of the essay
Discuss the advantages and disadvantages, to the participating countries and the rest of the world, of forming a free trade arrangement. China, Japan and Korea are now undertaking preliminary research into the formation of a free trade area. Withi...
Discuss the history of Australia regarding trade policies and moving from protectionist to free trade.
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