Summarize in a few sentences what you understand from the following statement: “There are overall gains from trade”.Discuss what might be negative consequences of globalization and international t

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  1. Summarize in a few sentences what you understand from the following statement: “There are overall gains from trade”.

  2. Discuss what might be negative consequences of globalization and international trade, and who the winners and losers are.

  3. According to what we have discussed in lecture, how might we respond to eliminate the negative effects of globalization?

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