Bre Kelley, chapter 12, question 6

Trade, like technology, can destroy jobs, particularly low-skilled jobs.  If a worker in Maine earns $14 an hour but in Vietnam it can be done for $1 an hour, the firm will most likely chose Vietnam.  Poor countries lose jobs, too.  Industries that have been shielded from international competition for decades, and have therefore adopted all the bad habits that come from not having to compete, can be crushed by ruthless efficient competition.  Thumbs-Up Cola in India was overridden by Coca-Cola when it entered the market in 1994.  Therefore smaller companies across the world can be put out of business by major corporations internationally, by globalization and competition.