Does it show that I’m against with Protectionism? Well, What is the use of protectionism if it can make the country and the industries it is trying to protect, less competitive on the global marketplace?
Why FREE TRADE??
Because free trade leads to a global market, consumers benefit from the competition and variety brought to the market. When other countries produce some items cheaper, the consumer will purchase the product at a lesser price.
As a consumer, I am going to choose free trade because it will let the product to be improved because competition is more likely to happen in free trade. Companies seek ways on how will they innovate their products.
Free trade also creates more jobs because it allows countries to specialize in the production of goods and services in which they have a comparative advantage. ((-- to produce a particular product at lower cost.)) Due to free trade, there will be an enormous flow of money and goods between the countries which will be a very good thing for the citizens as prices will fall down.
As forJapan it will be really beneficial as it would not have to be dependant on China for energy. It will more likely to sell TOYOTA and MITSUBIZI! Lol. (:
Free trade also creates more jobs because it allows countries to specialize in the production of goods and services in which they have a comparative advantage. ((-- to produce a particular product at lower cost.)) Due to free trade, there will be an enormous flow of money and goods between the countries which will be a very good thing for the citizens as prices will fall down.
As for
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