Why is free trade so heavily contested? Many believe that free trade only benefits the wealthy, but in the long run, almost everyone gains from removing restrictions on trade. Free trade benefits low-income households by making what they consume more affordable. And while it is true that some job losses may occur in the short run, this objection is almost always false in the long run. | PolicyEd
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Free trade means consumers get to buy goods in the cheapest possible market. Tariffs, on the other hand, equate to the government mandating that consumers buy more expensive products, even if cheaper ones are available. Watch this ‘Friedman Fundamentals’ video to learn more. https://bit.ly/374rFa4 | PolicyEd
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Free Trade | Definition, Agreement & Examples
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