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How has free trade have different impacts on developing and developed countries?
Wiki User
∙ 8y ago
Free trade can benefit developed countries by opening up new markets for their goods and services, leading to increased exports and economic growth. However, it can also lead to job losses in certain industries that cannot compete with cheaper imports. In developing countries, free trade can provide access to new technologies and investment, but it can also disrupt local industries and lead to exploitation of workers and resources.
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How has free trade had different impacts on developing and developed countries?
Answer this question… It has made it easier for developed countries to import and export goods, but has sometimes led to the exploitation of workers in developing countries.
How has free trade has different impacts on developing and developed countries?
Answer this question… It has made it easier for developed countries to import and export goods, but has sometimes led to the exploitation of workers in developing countries.
How had free trade had different impacts on developing and developed countries?
Answer this question… It has made it easier for developed countries to import and export goods, but has sometimes led to the exploitation of workers in developing countries.
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