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What were some of the major arguments supporting and opposing u.s participation in international free trade agreements during the late 20th and early 21st centuries?

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Answer:

It encourages companies to relocate jobs to countries that do not protect workers' rights.

Step-by-step explanation:

User Atrueresistance
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A series of FTA (Free Trade Agreements) were signed between the United States and Latin American Countries such as Peru, Costa Rica and Chile.

Arguments in favor:

  • It eased the access of American business into these foreign economies. Aiding them in their global expansion strategies.
  • US consumers would have access to high-quality products from other countries. This dynamizes the economy.

Arguments against:

  • The entrance of goods from foreign countries may har the local industry, as American producers cannot compete against the cost structure of their foreign counterparts, which is considerably lower.
User Mike Meyers
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