# data[].attributes.headline
Talk to your neighbour and post at least ONE benefit of free trade for a) Consumers b)Producers c)Country's economy. Sign your names at the "Title". 

# data[].attributes.subject
Talk to your neighbour and post at least ONE benefit of free trade for a) Consumers b)Producers c)Country's economy. Sign your names at the "Title". 

# data[].attributes.body
1. Read the textbook chapter on 'Protectionism'.
2. Design a protest sign (instructions in the attached slide).

# data[].attributes.attachment_link.title
C37 - Free Trade and Protectionism (Mr.E's IGCSE)

# data[].attributes.body
wider choices of goods and services for consumers
domestic firms can get more efficiency because of more competitions.
For producers free trade can let them get low cost of production to let firm 's product have more competitive in market

# data[].attributes.body
better balance of payments since more exports could create more money inflow

# data[].attributes.body
more efficient and more competitions, because firms need to reduce their average cost and improve the quality of their products

# data[].attributes.body
Improve current account position

# data[].attributes.body
increase export ，increase competation，trade in an engine of growth，reducing tariff barrier，lower average cost，

# data[].attributes.body
Creates more business and employment opportunities

# data[].attributes.body
Lower cost of production for MNC's if resources are cheaper in another country

# data[].attributes.body
More efficient allocation of resources

# data[].attributes.body
a strict export monitoring regime

# data[].attributes.body
Meaning:A type of tax on the imports from other countries
Reasons:
1.One way of protecting domestic goods
2.Retaliation against the tariff from other countries
Benefits:
1.A way of protecting domestic goods and services
2.Improving balance of payments since more exports will cause more money inflow and lead surplus in balance of payments.

# data[].attributes.body
Meaning: Subsidies are the money give to the producers to help them get a lower cost of production
Reason: The domestic firms may beat by foreign firms .subsidies can let domestic firms get a lower cost of  production and have increase their competitiveness.

# data[].attributes.body
embargo is a complete ban on the import of a product.

# data[].attributes.body
A complete ban on the import of a product

# data[].attributes.body
This reduces the competitions from imported products

# data[].attributes.body
Help domestic market

# data[].attributes.body
an official ban on trade or other commercial activity with a particular country.

# data[].attributes.body
Create job opportunity
Help domestic companies