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  • The Global Free Trade Has Done More Harm Than Good

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    Free trade has benefited global economies and consumers in several ways according to the student. It has created jobs and economic growth by allowing countries to specialize in industries that utilize their resources well. Consumers now have access to a greater variety of higher quality goods at lower prices through international trade. While trade makes up a large share of many national economies, the student believes it promotes fairness for all people and allows global specialization that increases standards of living overall.

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    CONWORLD LESSON 3

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    Free trade has benefited global economies and consumers in several ways according to the student. It has created jobs and economic growth by allowing countries to specialize in industries that utilize their resources well. Consumers now have access to a greater variety of higher quality goods at lower prices through international trade. While trade makes up a large share of many national economies, the student believes it promotes fairness for all people and allows global specialization that increases standards of living overall.

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    22 views1 page

    The Global Free Trade Has Done More Harm Than Good

    Uploaded by

    BES BEBE
    Free trade has benefited global economies and consumers in several ways according to the student. It has created jobs and economic growth by allowing countries to specialize in industries that utilize their resources well. Consumers now have access to a greater variety of higher quality goods at lower prices through international trade. While trade makes up a large share of many national economies, the student believes it promotes fairness for all people and allows global specialization that increases standards of living overall.

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    © All Rights Reserved
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    GEENEIL L. DE LUNA MS.

    MAICA LANUZA
    BEED 2-A LESSON 3
    CONTEMPORARY WORLD

    “The global free trade has done more harm than good”.

    As a student, I do not think that global trade is doing much harm


    because it is just giving people what they have done for different countries. Trade
    between different countries is the important factor to raise the living standards, by
    providing employment and enabling consumers to enjoy the greater variety of goods. In
    the past few years, the trade has become increasingly important because of the larger
    share of gross domestic product that devoted to exports and imports. It is very useful for
    everyone. The access increase to have a high quality and lower price goods. It also
    promotes the fairness for everyone. Free trade is no different from the other trade
    between the neighbors, towns, or states. It will allows businesses in each places
    to focus on producing and selling the goods that best use their resources while
    other businesses import goods that are scarce or unavailable domestically. We
    need to improve what we do in everything so that we can achieve success in our lives.

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