(Answered) Problems for mom and pop type store

Management Studies

Problem: Free trade can also cause problems for "mom and pop type store" in a local area. These stores don't normally have to compete with giant corporations that reside abroad, but with free trade, these corporations can set up shop right at home and compete for dollar and labor. Higher wages hurt these stores, as do the prices of the competition. Because of these, free trade can cause more trouble in a community than it was worth. any thoughts about this? Provide a minimum of two scholarly references

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