Free Trade: Will It Take Your Job?

Asbury Park - Home, Asbury Park Press
Fri, 04/22/2016 - 6:20am

Trade has dramatically lowered prices on everything from electronics to clothing, but is it costing you your job?        

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    Free trade is a trade policy that does not restrict imports or exports. In government, free trade is predominantly advocated by political parties that hold economically liberal positions, while economic nationalist and left-wing political parties generally support protectionism, [1] [2] [3] [4] the opposite of free trade.
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    The most well-known U.S. regional trade agreement is the United States-Mexico-Canada Agreement (USMCA), which replaced the North American Free Trade Agreement (NAFTA) on July 1, 2020. The advantages and disadvantages of free trade agreements affect jobs, business growth, and living standards.
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