The "No - Markets Fail Often" camp's hands-on position on globalization states that government should help losers from expanded trade in import-competing industries.

Question

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The "No - Markets Fail Often" camp believes that globalization often creates winners and losers, and the government has a responsibility to help the latter group. Specifically, they advocate for policies that provide job training and unemployment assistance to workers who have been displaced by foreign competition.

The "No - Markets Fail Often" Camp's Hands-On Position on Globalization