Free trade is not only about exporting what one has in excess...

  1. 5,237 Posts.
    lightbulb Created with Sketch. 35


    Free trade is not only about exporting what one has in excess and importing what one does not have but also and primarily about specializing in what a country has a comparative advantage (Iron ore in exchange for pharmaceuticals) and offering consumers wider choices (French cars being sold in Germany and German cars being sold in France)

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.