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Is more trade always beneficial for countries?
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Selected claim, opposing its parent
The removal of tariffs is often not enough to outweigh the costs imposed by
non-tariff barriers
, keeping prices higher.
Pros
Cons
Pro claim 1
Modern free trade agreements are often filled with an increasing amount of
protectionist rules
, which limit free trade in key sectors.
Pro claim 2
The US gives
heavy subsidies
to their farming industries, which acts as a non-tariff barrier against foreign agricultural imports.
Con claim 1
Other barriers to trade are being dismantled already. This is especially due to
new technologies
that have diminished the costs of transportation, like 3D printing and artificial intelligence.