The benefits of trade to individual consumers are often overstated.

Question

Answer

Pro: Many consumers often do not feel reductions in price, either because they are too small to notice, or because price reductions only affect specific goods.

Answer

Pro: The price of goods is often influenced more by monetary and macroeconomic factors, like inflation, than it is by trade.

Answer

Con: NAFTA was a source of clear and sustained growth for the US economy.

Is more trade always beneficial for countries?

The benefits of trade to individual consumers are often overstated.

Pros

Cons

Many consumers often do not feel reductions in price, either because they are too small to notice, or because price reductions only affect specific goods.

The price of goods is often influenced more by monetary and macroeconomic factors, like inflation, than it is by trade.

NAFTA was a source of clear and sustained growth for the US economy.

Selected claim, opposing its parent

The benefits of trade to individual consumers are often overstated.

Pro claim 1, children below

Many consumers often do not feel reductions in price, either because they are too small to notice, or because price reductions only affect specific goods.

Pro claim 2

The price of goods is often influenced more by monetary and macroeconomic factors, like inflation, than it is by trade.

Con claim 1

NAFTA was a source of clear and sustained growth for the US economy.