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Is more trade always beneficial for countries?
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Selected claim, opposing its parent
Many industries will benefit from regional advantages, cultural legacies, or technological advancements associated with specific goods, regardless of the relative scarcity of certain factors.
Pros
Cons
Pro claim 1
Even if land is scarce in a specific country, if there is a specific plant or tree that is exclusive to their borders, freer trade will increase demand from industries involved with those goods.
Pro claim 2
Even if labor is scarce in certain countries, industries where workers have specific forms of training that are not common elsewhere will see their global demand increase.
Con claim 1
This does not apply to most goods, especially to standard agricultural and manufacturing goods.
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