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Will fair trade diminish free trade?
From:
Business Economics
| Date:
April 1, 1997| Author:
Gould, David M.; Gruben, William C.
| COPYRIGHT 1997 The National Association of Business Economists. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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New forms of trade barriers and protectionist policies have been created under the guise of fair trade. This is the result of the biased attitude held by some self-interested groups towards trade accords. These groups call for the opening of foreign markets to world trade while adopting measures such as anti-dumping laws that, in effect, close their own markets to foreign competition and present a hindrance to global free trade. These practices can be corrected with the implementation of temp...
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