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Is more trade always beneficial for countries?
Loading Discussion
Selected claim, opposing its parent
Any short-term harms to those in affected areas could be alleviated through basic
redistributive
programs.
Pros
Cons
Pro claim 1
A responsible approach to free trade should include a willingness to engage in progressive taxation and investment in potentially negatively affected areas.
Con claim 1
Governments rarely invest enough money in redistributive programs to offset the harms imposed on the 'losers' of trade.
Con claim 2
Tariffs are often a useful
source of revenue
for low-income countries. Without them, they may not have the money for redistributive programs.