4 ms·
With regards to free trade, can you explain what you mean by this? This is a genuine question. Free trade seems to me to be a somewhat nebulous term, stretched
by ZenoArrow 10y ago
With regards to free trade, can you explain what you mean by this?
This is a genuine question. Free trade seems to me to be a somewhat nebulous term, stretched to serve a wide range of economic approaches, and I'd be interested in getting a better sense of clarity.
- hardlianotion 10y agoThe effort to make trading relationships between people easy and not exploitative, the intent of making all parties richer. Obvious examples include removing tariffs, harmonising standards and law where this is possible and agreeing procedures for conflict resolution.
- ZenoArrow 10y agoI see. In that case, are free trade and free trade agreements always the same thing? For example, if two countries strike up a free trade deal that protects the agriculture industries of those countries, do they do so in order to protect themselves from competition from other countries?
- hardlianotion 10y agoSeems clear to me that they are not. Same for many other ideals when compared with what is actually done in practice.