Countries dont win or lose but people do win or lose when it comes to trade policy. When a shoe manufacturing plant off shores then the 3000 works lose their jobs. Those workers would then be losers as a result of trade. Yet what should be focused on is the net benefit of the country as a whole. Job loss is a net benefit for the country because we would generally get lower prices on importanted products.
Countries dont win or lose but people do win or lose when it comes to trade policy. When a shoe manufacturing plant off shores then the 3000 works lose their jobs. Those workers would then be losers as a result of trade. Yet what should be focused on is the net benefit of the country as a whole. Job loss is a net benefit for the country because we would generally get lower prices on importanted products.