A Note On Free Trade Agreements And Their Costs

How­ever, it allows com­pa­nies in each coun­try to focus on pro­duc­ing and sell­ing the goods that make the best use of their resources, while other com­pa­nies import goods that are scarce or unavail­able on the national ter­ri­tory. This mix of local pro­duc­tion and for­eign trade allows economies to grow faster while bet­ter meet­ing the needs of their con­sumers. Free trade pol­icy is not so pop­u­lar with the gen­eral public…