Is there a positive and negative effect to the economy

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In macroeconomics, international trades play a role in almost every item we purchase in our daily lives. For example, Colgate toothpastes are “Made in Mexico”, items that are “Made in China”, “Made in Malaysia”, etc.

What are your views and opinions about this. Should we continue to use items that are made in other countries? How this relates to the economy? Is there a positive and negative effect to the economy? How do your arguments match with ideas of trade or comparative advantage, as put forth by David Ricardo?

Reference no: EM13987337

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