While the nation as a whole may gain from free trade

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While the nation as a whole may gain from free trade, and isolationist policies have proven to be non-profitable, certain regions, industries, firms, and individuals may lose their jobs and livelihood due to foreign competition (while other citizens gain jobs from working in importing and exporting).

How can the rest of the nation help the unfortunate ones cope with the impact of international trade?

Reference no: EM1388184

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