What are the advantages and disadvantages of Free Trade?

explain the advantages and disadvantages of active trade union movement to employers,employee and the economy?

The disadvantage is that Starbucks can get the power, instead of the government. Advantage, is that there can be more production leading to more Starbucks around cities.

Advantages: Competition > profit > innovation.Disadvantages:higher costs for consumersthere are losersrisk for an entrepreneur

if you trade for free. you will be taxed every year on the said itemized item.

disadvantages are that the local farmers in Mexico get owned by corporate companies and there is more competition. Advantages- this competition creates lower cost of good and less of an oppurtunity...