Reply To: A historical case for free trade?


Thank you very much for the links.

Am I right in saying that the critics of free trade are completely avoiding the raising of living standards that is the result of cheaper goods coming into a country?

The focus seems to only be on whether or not a country can compete on producing the same things as other countries. The only counterargument I have heard from critics is that if you only specialize in agriculture then you won’t make the move up to a more industrial economy and that an agricultural economy is more unstable since you are more likely to find developing countries competing on agricultural products.