Economists Discuss the Pros and Cons of Free Trade The benefits of free trade have been a cornerstone of economic thought for decades. Recently, though, trade agreements have become the target of ...

The pros and cons of trade in five charts Foreign trade is a tough sell politically. The costs are obvious and concentrated among specific sets of workers while the benefits are diffuse.

The proponents say globalization represents free trade which promotes global economic growth; creates jobs, makes companies more competitive, and lowers prices for consumers. 3. Competition ...

U.S. and European Union officials wrap-up the latest round of talks today as they negotiate a free trade deal called the Transatlantic Trade and Investment Partnership.