Question: we have learned that there are significant gains from trade...
We have learned that there are significant gains from trade and that free trade improves the wealth of all nations. However, as your book points out, while international trade can make a country as a whole better off, it can also make some agents worse off.
Please elaborate on this point and provide some examples of agents (firms, individuals or categories of individuals) who have been or could be negatively impacted by free trade. Would you continue to endorse and encourage free trade? What would you do to help these agents offset the negative impact of free trade?
Please make sure that your post is clear and extensive and that you support your opinions with solid references from your research. Please include at least three solid references at the end of your post.