In recent weeks the subject of free trade has received increasing attention. Critics of free trade are becoming more vocal, not least the bombastic Republican candidate for the U.S. Presidency, who threatens to tear up the North American Free Trade Agreement. In response to these widespread criticisms, economists and other “experts” extol the virtues of free trade.
With respect, I would argue that both sides are missing the point in focusing on the concept of free trade. The real issues are the nature of the international agreements that have been approved in the name of free trade and the failure of governments to take action when the uneven impact of these flawed agreements has become all too apparent.
With respect, I would argue that both sides are missing the point in focusing on the concept of free trade. The real issues are the nature of the international agreements that have been approved in the name of free trade and the failure of governments to take action when the uneven impact of these flawed agreements has become all too apparent.
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