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Free trade is a term meaning unregulated trade between nations without [[tariffs]] or quotas placed on the goods exchanged. This is generally a positive thing as it allows countries with an [[Absolute advantage]], such as [[China]], to cooperate with its neighbors and produce more goods than either country could in isolation.
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<div style="width: 70%; margin: 0 15% 1em 15%; text-align: center; background-color: #DEE6ED; padding: 0.5em; border: solid 1px #6699CC;">'''This article has been identified as being in conservapedia and is therefore classified under the heading worthless. This assement was made by the Icewedge inquisition.'''<br /><small>To go to a more factual encyclopedia go to wikipedia or even to uncyclopedia because even it has more content than CP.</small></div><includeonly>[[Category:Articles needing major improvement]]</includeonly>
 
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Free trade is controversial because it can have undesired side effects, such as a massive loss of manufacturing jobs by the wealthier trading partner though a mechanism known as "offshoring" those jobs to a trading partner having cheaper labor. In economics, this is known as a [[market correction]].
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Free trade also raises moral issues, such as the use by a nation of slave-labor.  In addition, free trade can increase the importation of undesired, concealed illegal [[drugs]]. 
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[[Category:Politics]]
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[[Category:Economics]]
 
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