What is free trade:
Free trade is when countries trade goods and services with each other without charging extra taxes (tariffs), quotas, or restrictions. It allows businesses to sell their products in other countries more easily and often at lower prices.
Yes, free trade can increase economic growth. Here's how:
Countries can focus on producing goods they are best at, improving efficiency and output.
Lower prices for consumers: More competition often means cheaper goods and better quality.
Increased exports and imports: Countries sell more abroad and buy what they need at better prices.
Job creation and investment: As trade grows, businesses expand and hire more people. It can also attract foreign investors.
Access to new markets: Small and large businesses can sell their products to more people around the world.
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