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They can decline the whole agreement. Thus the agreement has to be a win for them too else there is no reason to sign.
by worrycue 3y ago
They can decline the whole agreement. Thus the agreement has to be a win for them too else there is no reason to sign.
- sidkshatriya 3y agoThis is assuming that every trade delegation can accurately predict all the impacts into the future. This is especially difficult now because the pace of change in the world is only increasing. In general trade is a good thing. It must be encouraged but everything is not so open and shut.
- worrycue 3y agoInaccurate predictions go “both ways” and applies to both countries.
- notnaut 3y agoThe benefits and consequences of which are entirely asymmetrical. There’s a reason poor people engage in significantly higher rates of some of the worst “trade decisions” in the form of gambling. On top of that, when your pool of resources are closer to skim, poor trade decisions result in health-harmful effects, which continue to contribute to poor decision making.