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What are the arguments for and against open markets and free-trade policies? Which do you find...

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Accounting

What are the arguments for and against open markets andfree-trade policies? Which do you find convincing?

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Followings are the arguments for open markets and freetrade policies 1 It will generate advantages of specialization As we know that every country have some specific strengths specialization and if we have open markets and freetrade policies then there will be free movement of such specialities throughout the world 2 It will helps in worldwide overall prosperity because due to open markets and freetrade policies every firm of every country have free access to every corner of the world that is why there will be worldwide development 3 It will boost competition    See Answer
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