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  • Essay / The Benefits of Free Trade - 1275

    “Free trade policies have created a level of competition in today's open market that breeds continued innovation and leads to better products, better jobs income, new markets and increased savings and investment” (Denise Froning). Although free trade plays a huge role in the economy today due to what and where it is used. Free trade allows traders to trade across national borders and other countries without government interference. This means that traders have very few regulations that allow them to do this without government intervention. Free trade makes things much easier for traders and also creates many more jobs in the United States, such as jobs in exporting or in the auto industry and factories. Although there are many other types of trade policies, none bring as many benefits as free trade. Free trade is not determined by artificial prices which may or may not reflect the true supply and demand environment. Free trade in today's economy provides more than just jobs and lower-priced goods for Americans. Compared to foreign competition, the benefits of free trade outweigh the risks that foreign competition could impose on the United States. As Denise Froning says in her article, free trade benefits in four ways. “Free trade promotes innovation and competition, free trade generates economic growth, free trade spreads democratic values ​​and free trade promotes economic freedom. » Societies that adopt free trade policies create their own economic enthusiasm, fostering freedom, job opportunities, and success that benefit every citizen. Free trade is the only type of fair trade because it provides consumers with the greatest choice and the best standards to improve their type of life. Also by promoting opportunities...... middle of paper ......5136151&SrchMode=1&sid=7&Fmt=3&VInst=PROD&VType=PQD&RQT=309&VName=PQD&TS=1305662985&clientId=16112http://proquest.umi.com.libraryaccess. sdmiramar.edu:8080/pqdweb?index=40&did=2206588801&SrchMode=1&sid=7&Fmt=3&VInst=PROD&VType=PQD&RQT=309&VName=PQD&TS=1305662985&clientId=16112http://proquest.umi.com.libraryaccess.s dmiramar. edu:8080/pqdweb?index=12&did=2292170531&SrchMode=1&sid=2&Fmt=3&VInst=PROD&VType=PQD&RQT=309&VName=PQD&TS=1305668018&clientId=16112http://proquest.umi.com.libraryaccess.sdmiramar.edu :8080/pqdweb?index= 12&did=2292170531&SrchMode=1&sid=2&Fmt =3&VInst=PROD&VType=PQD&RQT=309&VName=PQD&TS=1305668018&clientId=16112&cfc=1http://proquest.umi.com.libraryaccess.sdmiramar.edu:8080/pqd web?index=59&did=2250917791&SrchMode=1&sid= 2 &Fmt=3&VInst=PROD&VType=PQD&RQT =309&VName=PQD&TS=1305833247&clientId=16112http://benefitof.net/benefits-of-free-trade/