There is an ongoing debate about whether free trade is beneficial for the global economy. Choose whether you support free trade or if you prefer trade barriers. Be sure to cite facts and figures to support your analysis. Remember that there may be more than one perspective which could be equally valid given the circumstances.

I support free trade. this is because free trade allows for free movement of goods and services expanding the markets for goods and services around the globe. it allows for firms and economies to utilize their comparative advantage of producing products they can produce best at the lowest cost. free trade for example the European free trade area has contributed greatly on the economic development of member states.

Free trade is also advantageous since there is no additional cost on the prices of goods and services by the importers and exporters, therefore it doe not burden the consumers of the products by paying the tariffs and quotas as taxes.

despite the dumping side effects where some economies can use the advantage of free trade to dump low quality inferior goods to the world market, it is still appropriate compared to restricted trade