Globalization VS Protectionism

Globalization has become one of the biggest issues in the economic world today. Many people believe globalization is a good thing, and there are also many people who think it is bad. Some of the comparative advantages of free trade are that if the allocation of the world's resources are more efficient, it will lead to lower prices for consumers, and it will also provide more choice for the consumers. Even though there are these noticeable advantages of free trade, there are still people who believe globalization is a bad thing.
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