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Another downside to free trade.
Misguided free trade can exist between a potential future enemy of a country, leading to national security problems and greater defense costs.
Misguided free trade can exist between a potential future enemy of a country, leading to national security problems and greater defense costs.
Free trade can have undesired side effects, such as a massive loss of manufacturing jobs by the wealthier trading partner though a mechanism known as [[offshoring]] jobs to a trading partner having cheaper labor. Moreover, nearly all of the benefits of free trade can accrue to the trading partner or its government, which may be an enemy of the wealthier trading partner.
Free trade can have undesired side effects, such as a massive loss of manufacturing jobs by the wealthier trading partner though a mechanism known as [[offshoring]] jobs to a trading partner having cheaper labor. Moreover, nearly all of the benefits of free trade can accrue to the trading partner or its government, which may be an enemy of the wealthier trading partner. Additionally, free trade leads to reduced independence and sovereignty of a country, makes it dependent on other nations (including geopolitical enemies), and leads to [[one-world government]].
Free trade raises moral issues as well, such as the use by a nation of slave labor or use of proceeds from the trading to build military weapons to be used against other nations.
Free trade raises moral issues as well, such as the use by a nation of slave labor or use of proceeds from the trading to build military weapons to be used against other nations.