free trade? Flashcards

1
Q

what is the goal of free trade?

A

to increase nations economic growth

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2
Q

what does it focus on?

A

trade policies between countries

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3
Q

who benefits of free trade?

A

multinational coopertaions

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4
Q

why is free trade up for criticism?

A

punishing to marginalised people

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5
Q

what are the major actions involved in free trade?

A

countries lowering tariffs, labour and environmental standards

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6
Q

what are the key advocate organisations involved in free trade?

A

WTO
IMF
world bank

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