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As learnt from the predictions of the specific-factors model as well as in Hanson's article, there are always winners and losers from international trade, specially
As learnt from the predictions of the specific-factors model as well as in Hanson's article, there are always winners and losers from international trade, specially when trade is not really free but rather "managed" to coin the term used by Joseph Stiglitz. So, in light of that fact, what is the most sensitive trade policy for any government to pursue?
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