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Free Trade and International Agreements
• 4.1.8 Define free trade. (k)• 4.1.9 Evaluate the arguments for and against
free trade. (i) • 4.1.10 Examine international trading
agreements, trading blocks, and emerging trading patterns. (a)
4.1.8 Define free trade. (k)
• Free trade is a policy by which a government does not discriminate against imports or interfere with exports by applying tariffs (to imports) or subsidies (to exports). (Wikipedia)
4.1.9 Evaluate the arguments for and against free trade. (i)
• Let’s take a look at the article and create our own list of advantages and disadvantages:
• Free trade talks continue between Canada and EU
• We can also take a look at list developed by a university – let’s see what other factors we should consider.
4.1.10 Examine international trading agreements, trading blocks, and emerging trading patterns. (a)
• Is there much free trade in the world?• Let’s see some data:• Free Trade Agreements
Fair Trade
• Definition: • Canadian Fair Trade