Identify what you consider to be the main advantages/disadvantages of free trade.

Order Description

International Business Theory and Practice:

Identify what you consider to be the main advantages/disadvantages of free trade.

Do you consider the advantages outweigh the disadvantages?

Please support and justify your answer.

Comparative and competitive advantage
International institutions and world trade
Barriers to trade and protectionist policies
By the end of the discussion, you should:

Understand the concept of free trade and how this manifests itself in the world today
Appreciate the influence that international institutions have on international business
Understand the practical limitations of classical trade theories
The learning outcomes for this discussion are:

Critically evaluate the motives for, and barriers to, internationalisation.
Demonstrate understanding of current levels and trends of global trade and business.
Guidelines for discussion responses:

Your initial posting must respond to the question above in full and be at least 200 words long
Please try to limit all of your posts to 200-300 words maximum, so that others may be encouraged to reflect on, and respond to your ideas
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