Kialo requires JavaScript to work correctly.
Is more trade always beneficial for countries?
Loading Discussion
Selected claim, opposing its parent
More trade can often harm certain industries and workers.
Pros
Cons
Pro claim 1, children below
The owners of relatively scarce
factors of production
, like low-skilled workers in most countries, are often harmed by free trade agreements.
Pro claim 2, children below
Free trade makes it difficult for states to protect emerging 'infant' industries.
Con claim 1, children below
Any short-term harms to those in affected areas could be alleviated through basic
redistributive
programs.