Question

Which is an argument against free trade ?

Answer 1

Economist feel that allowing free trade in an economy improves its social welfare.

Explanation:

• If a free trade is opened by a market, customers get good quality products at low prices.
• If free trade opens up for exports, then the producers benefit from it by selling it a higher price. Even though these are some valuable inputs, there are a few problems when it comes to free trade.
• The first issue is with job opportunities. When traders introduce low priced international products, it affects the domestic producers. This results in the loss of domestic jobs.

Learn more:

1) Do you think that free trade is always better than no trades:

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2) What is free trade zone?Why has government declared a free trade zone around kandla and haldia:

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