Social Sciences, asked by akshpreetjaura14235, 1 year ago

What is free and fair trade?

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Answered by Lovely999
2
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"It (free trade) affords unfettered international export and import, free from taxes, tariffs, worker protections or pesky minimum wages. Globally: fair trade makes things more expensive, free trade makes things cheaper; fair trade means workers earn more, free trade means workers earn less.".
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Answered by pankhuditiwari
5
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FREE AND FAIR TRADE.....

Free trade relies on the idea that regulation at its essence harms the participants of trade. Proponents of free trade insist that the market will protect both the producer and consumer of goods and services without government regulations, taxes or restrictions. Supporters of free trade are often supporters of capitalism. They also seek to reap the benefits of globalization as a means to achieve a truly borderless means of trading....

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