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Why do supporters of globalization believe in normalizing free trade between nations?

User Eclectic
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1 Answer

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The supporters believe that there will be solution for unemployment and poverty.

Step-by-step explanation:

  • Free trade is a contract between two or more nations to decrease hurdles to import and export among them.
  • The participants of globalization believe in normalizing free trade among nations.
  • Free trade aims to reduce hindrances such as tariffs, value added taxes, subsidies and other barrier between nations.
  • Free trade promotes global economic growth, create jobs, increase competition between companies etc.
  • There will be more influx of information between countries.
  • NAFTA or the North American Free Trade agreement is an example of free trade. It is between United States, Mexico and Canada.

User Lastcanal
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