Market economy

Pros and cons of free trade system

Friends, you might have read in your news feed about the series of negotiations for free trade agreements and protests of farmers and workers for justice. Isn’t this contradictory? Why does free trade system precipitate negative impacts? Is there any alternative for free trade system? For this, let’s explore the pros and cons of free trade system to make it more better.. Meaning of free …

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Free trade disadvantages

Recently, in India, we noticed that the groups of farmers were out on the street to demonstrate against the government’s decision to import Agri commodities. In the similar way, Germany saw intense demonstrations against the free trade deal with US and Canada. This is the bare truth of ‘free trade disadvantages’ for market participants. Are there any disadvantages of free …

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