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competition - stephenkhoo - 04-28-2015 11:24 AM
In the world, economy and trade are divided by two apparently irreconcilable world views. On one hand there are those who advocate free trade and on the other hand, for nationalistic reason, there is a need to protect the local industries that are unable to compete with competitors in the free international market. In other words, the latter is dominated by fear and the latter focuses on challenges, free and fair competition and reciprocal exchange.