Is This the End of Globalization and Free Trade?
Money For the Rest of Us
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Trade Deficits and Globalization Impacts
This chapter examines the profound effects of the U.S. trade deficit on the economy, revealing a significant wealth transfer to foreign interests. It discusses the complexities of trade tariffs, non-tariff barriers, and the ongoing debates surrounding globalization, shedding light on its mixed impact on economic inequality and living conditions.
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