The "Yes - Markets Self-Adjust" camp's hands-off position on globalization states that government should help losers from expanded trade in import-competing industries.

Question

Quizplus · Accepted Answer

The "Yes - Markets Self-Adjust" camp believes in minimal government intervention, arguing that markets will naturally adjust to globalization and that government assistance for those negatively impacted in import-competing industries is unnecessary.

The "Yes - Markets Self-Adjust" Camp's Hands-Off Position on Globalization