answersLogoWhite

0

Some argue that free trade doesn't work effectively as an economic policy because it can lead to job losses in certain industries, income inequality, and exploitation of workers in countries with lower labor standards.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Continue Learning about Economics

What were the Physiocrats and what economic policy did they argue for?

Physiocrats were a group of pre-classical economists in France who argued that the wealth of a country was made from the productive work of its labour, especially in agriculture. They advocated support and capital investment in agriculture.


What is the economic system that promote economic equality?

Not everyone agrees about which economic system best promotes economic equality. Those who advocate for socialism often argue that it's the fairest economic system.


What is the criticism over loose money policy?

Critics of loose monetary policy argue that it can lead to excessive inflation, asset bubbles, and income inequality. By keeping interest rates low and increasing the money supply, it may encourage reckless borrowing and risk-taking among investors. Additionally, prolonged loose policies can distort economic signals, making it difficult for businesses to make informed decisions about investment and growth. Ultimately, this can result in long-term economic instability and hinder sustainable growth.


Is there a case for returning to some type of gold standard?

Advocates for a return to a gold standard argue that it could provide greater monetary stability by limiting inflation and government overreach in monetary policy. A fixed exchange rate tied to gold might enhance confidence in currencies and reduce the risk of economic bubbles. However, critics point out that such a system could constrain economic flexibility, making it difficult for governments to respond to financial crises. Ultimately, the debate hinges on balancing stability with the need for adaptive monetary policy in a dynamic global economy.


What is deregulation policy?

Deregulation policy refers to the process of reducing or eliminating government rules and restrictions in various industries, aiming to promote competition and enhance efficiency. By removing regulatory barriers, the policy seeks to encourage innovation, lower prices, and improve services for consumers. While proponents argue it fosters economic growth, critics caution that it may lead to negative outcomes, such as reduced consumer protections and increased risks of market failures. Overall, deregulation aims to create a more free-market environment.

Related Questions

How do you prove a non-preexisting condition?

It is up to the entity claiming it is pre-existing to prove that it was known prior to the policy effective date. You may need to get a lawyer to successfully argue that point.


Why is it problemetic to base your economy on one product?

Proponents of economic democracy generally argue that modern capitalism periodically results in economic crises characterized by deficiency of effective demand, as society is unable to earn enough income to purchase its output production.


What were the Physiocrats and what economic policy did they argue for?

Physiocrats were a group of pre-classical economists in France who argued that the wealth of a country was made from the productive work of its labour, especially in agriculture. They advocated support and capital investment in agriculture.


Why do people argue with the referee?

Poeple that argue with umpires doesnt make sence. Once a call has been made it cant be changed, so why argue? competitors do this to try intimidade the umpire. It makes them feel better about themselves.


What is the economic system that promote economic equality?

Not everyone agrees about which economic system best promotes economic equality. Those who advocate for socialism often argue that it's the fairest economic system.


What does a claim of policy argue?

Answer this question… Whether or not a specific action should take place


What does claim of policy argue?

Answer this question… Whether or not a specific action should take place


What does a claim policy argue?

Answer this question… Whether or not a specific action should take place


If you argue with a boy a lot does that mean you like each other?

haha. awww, hate to break it to you hunni, but just cause the two of you argue alot , doesnt mean you like each other :)


What are the political and cultural arguments for and against limiting immigration?

Proponents of limiting immigration often argue that it helps protect national security, preserves cultural identity, and ensures economic stability by reducing competition for jobs and resources. They believe that a controlled immigration policy allows for better integration of newcomers and maintains social cohesion. Conversely, opponents argue that immigration enriches cultural diversity, drives economic growth, and fills labor shortages, particularly in essential sectors. They contend that a more open immigration policy fosters innovation and strengthens communities by bringing in diverse perspectives and skills.


What would people say to argue against competitive swimming?

it doesnt take any skill to beat up water


Some people argue that Franklin Roosevelt saved American capitalism by?

preventing a full economic collapse -mE