Free trade agreements (FTAs) are designed to facilitate trade between countries by reducing or eliminating barriers such as tariffs, quotas, and trade restrictions. While they aim to promote free trade, the extent to which FTAs achieve this goal and their overall impact on economies can vary. Let's discuss the pros and cons of free trade versus protectionism and examine whether free trade agreements genuinely promote free trade.

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Pros of Free Trade 1 Economic Growth Free trade can stimulate economic growth by allowing countries to specialize in the production of goods and servi... View the full answer