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Abstract: A 6 page paper discussing the likely economic effects of a unilateral free trade agreement between the US and Singapore. There are few if any real detriments to freer trade. Though it can create the need for specific industries and organizations to undergo forced change, that change nearly always is positive when approached in a positive light. The pattern has been repeated many times over the past generation, beginning with Japanese consumer electronics. Though it can create chaos in the short term, it produces only benefits in the long term. Bibliography lists 5 sources.
Catagory: Money & Banking / Corporate Finance
Subcatagory: Accounting & Personal Finance
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