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Explain the benefits and costs of a free trade agreement.

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User Renso
by
7.4k points

1 Answer

1 vote
Benefits:
- Increases access to higher-quality and lower priced goods
- Higher growth rate
- Improves efficiency and innovation
- Drives competitiveness
- Promotes fairness

Cons:
- increasing job outsourcing
- poor working conditions
- degradation of natural resources

hope this helps a bit!! mark me if u can <3
answered
User Avnish Tiwary
by
8.2k points

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