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Why do Nike and New Balance have different positions when it comes to the Trans-Pacific Partnership? What is Vietnam's comparative advantage in the footwear industry?

  1. Why do Nike and New Balance have different positions when it comes to the Trans-Pacific Partnership?
  2. What is Vietnam's comparative advantage in the footwear industry? What is USA's comparative advantage?
  3. What is likely to happen, in your opinion, if tariffs on shoes are raised? Try to think about whom all (all the stakeholders or affected parties) this is likely to affect, and by how much

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