What's so good about free trade? Pros, cons and examples. скачать в хорошем качестве

What's so good about free trade? Pros, cons and examples.

With the UK leaving the EU and the US fighting a trade war, we ask what's so good about free trade? We look at some of the reasons for protectionism (such as tariffs, quotas and non tariff barriers) as well as some of the working of EU trade policy. Check out our Instagram!   / economics.unlocked   Check out our website! https://www.economicsunlocked.com/ If you're new to this channel then all you need to know is that we create videos to help you understand the world around you. Thanks for watching; have a great day! 0:00 Intro 0:22 Advantages 0:36 Comparative Advantage 1:37 Problems of Dependance 2:09 Infant Industry Problems 2:42 Problems of Dumping 3:10 The race to the bottom 3:30 The Middle Ground 3:41 The European Union 5:26 Conclusions