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A policy that eliminates discrimination against all imports and exports

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Free Trade gets rid of tariffs so everything is allowed to come in and out of a certain country. Though this may be good for sharing products all over the world, this can cause jobs in our country to decrease because we're getting our products from an outside source.

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Opens up markets

Generates currency

Countries can strive for better and cheaper products (comparative advantage)

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NAFTA, a trade agreement between all North American countries, has supported over 6 million high paying jobs in for these countries. Economics efficiency within North America has increased because of this.

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Increases unemployment

Poor work environments

Theft of intellectual property

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Free Trade can cause competition between countries for the cheapest products produced. In some low income countries, they have bad work conditions to keep up with this competition. They pay their workers low wages and their products can be made of cheap materials to make to largest possible profit. This competition can also put some countries in a lot of debt. If most of the country is buying imported products, they would have to owe those countries a lot of money. Our unemployment rate would also increase because less people would buy products made here.

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Government actions and policies that restricts international trade

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Protectionism easily explained (explainity® explainer video)

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Protectionism is informed by tariffs, import quotas, product standards, and government subsidies.

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Protectionism naturally decreases unemployment

It creates a sense of patriotism

It provides a foundation for the working class

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Trump has put in play more protectionism policies so America is now the leading country in protectionism.

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It limits local access to foreign goods

People over the world may lose their jobs

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Trump is attempting to redraw NAFTA which would be bad for our economy. People in North America will lose their jobs because it will be harder to trade goods with our neighboring countries.

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Between the two policies, each have their ups and downs, but in my personal opinion, free Trade is the better of the two. It is constantly creating more jobs around the world. Yes, it makes for competition but competition makes for better products and the motivation to be better.