Trade - social justice equity issues in australia and other coutries (1 Viewer)

[thisnameistaken]

HELP !!Trade - social justice equity issues in australia and other coutries

Trade - social justice equity issues in australia and other coutries

i found that area in the syllabus ive managed to cover everything else but this section i have no clue on. can someone help me thanx

 

[Tutored]

Re: HELP !!Trade - social justice equity issues in australia and other coutries

* Free Trade vs Protection - globalisation issues such as the growth of multinational corporations, which is a product of improved transport and communications technology. Perception that there are winners (large companies and developed nations) and losers (less developed or poor nations)
* Some industries may suffer but workers may have to retrain and move on to other industries
* Importance of effieincy and healthy competition among countries in trade matters
* Retaliation by some countries if protectionist policies are imposedz

To be frank, I got these summarised notes from a revision guide, I dont recall covering this at all this year (we definitely did trade though), and have absolutely no idea what its talking about.
Hope it helped in some minuscule way though