The Fraying Of Free Trade
Source: University of Michigan (Ross)
With the world facing an economic downturn, populist appeals to limit foreign goods or investment are inevitable. While there have been some scattered protectionist moves and chatter, the G20 leaders recently stood by their support of free trade and resistance to protectionism in a public statement. Assistant professor of strategy at Ross, says the Obama administration and other world leaders seem committed to free trade. In the following Q&A, Zhao notes while populism is a tempting tonic, world leaders must resist the urge to reach for it. And business leaders have their own role to play.