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Most governments accept the proposition that a relatively free flow of international trade is desirable for...

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Economics

Most governments accept the proposition that a relatively free flowof international trade is desirable for the health of theirindividual economies. But heated debates still occur over tradepolicy. Explain valid arguments for and against trade.

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3.5 Ratings (405 Votes)
Free flow International trade has both positive and negative effect on the economies of various countries but it also brings the highly specialized firms and companies into the competition Advantages of International Trade It opens up a new market for the exports of a country Thus there is a bloom in the export sector Brings new technology as well as funding by thye various firms from the developed countries thus increasing the overall productivity in some sectors of the economy Opening    See Answer
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