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Q: What are the advantages of free trade for a country like burkina-faso?
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What is the disadvantage in free trade?

Free trade is a double-edged sword. On the surface it appears as equal opportunity for everyone in the pact. While it has some advantages, it also carries some disadvantages. The extent of disadvantages for any country in the free trade zone is directly related to the attained level of technology for that country. This means that less industrialized members of a free trade region may be at a disadvantage until such countries overcome their technological obstacles.


What is advantage or disadvantage of free trade?

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What are the advantages and disadvantages of Canada's involvement in the North American Free Trade Agreement?

One of the advantages is that NAFTA eliminated all trade barriers/tarrifs between the U.S, mexico, and Canada.


What do we need to do to be not afraid of free trade that takes away many jobs out of the country?

Free trade is said to eventually even out economics in the nations that are participating. Being afraid of free trade is not necessary.


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Free trade allows goods and services to flow freely from country to country without the restrictions of tariffs. Some believe that is beneficial to the world as a whole.


How is a country economic well being enhanced through free international trade in goods and services?

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What is a free-enterprise country?

One t6hat engages in free commerce, i.e. open trade.