"The latest news from The USA is the closure of GM, resulting in massive job losses. Even after all the subsidies and tariff protections afforded to them by the current US administration, American car manufacturers still can't make cars for a competitive price. Protectionist tariffs have just made the raw materials sourced overseas more expensive. So, America's competitors now make cheaper cars than the USA. Protectionist policies have actually assisted in the destruction of US auto industry and made American cars uncompetitive. It didn't take that long to happen either. More industries will follow. America has been seriously disadvantaged in world markets."

Discuss the accuracy of this blog in relation to World Trade and International Business Law, and the doctrine of Comparative Advantage.

a. identified and clearly stated the relevant issues; b. stated relevant legal principles; c. critically analysed applicable law; d. integrated and evaluated relevant knowledge from both the material covered in this unit and your own independent research; e. developed and sustained a concise and convincing argument through to a logical conclusion; f. correctly referenced and acknowledged sources;