Free trade can be defined as the ability to trade goods and services without barriers, and for prices to rise naturally through supply and demand. Free trade is one of the single most emotive subjects of our times. It is pushed by governments and leaders of the western world over the last 60 years or so, to be beneficial to all, in fact, the rich get richer and the poor get poorer. Free trade has a several features like the ability to trade goods without barriers, for example taxes or tariffs, quotas or subsidies. In free trade there have no more policies which distort the trade, giving one company an unfair advantage over another. Free trade also has a free access towards trading markets and market information. Besides, free trade also has a free movement of labor and workers within and between countries and also a free movement of capitol within and between countries. In theory, free trade was heralded as a way to break down the barriers between countries, banishing taxes and allowing prices to be naturally set through "supply and demand" and giving the opportunity for poorer countries to specialize in the production of goods which are appropriate to their environment likes coffee, cocoa beans and so on with the capacity to sell these goods to the western world and be able to buy back the goods which they maybe do not have the ability to produce in their home countries. In reality, the only people who really stand to benefit from free trade are the global elite, controlling international trade and seeking to control the entire world. Countries which were rich in natural resources like African and Arab nations with diamonds and oil, actually developed at a much slower rate than the nations who did not have such a commodity. In reality, it has also meant that previously profitable and successful manufacturing in the western world has been unable to compete with the sweatshop wages paid in Asia and other places, and that the workers in these sweatshops must consistently cut their prices in order to be competitive in the world market. So, industry and manufacturing declines in many countries as the markets are flooded with cheap imitations from exploited workers. It is human nature to shop in the cheapest stores and to buy the cheapest goods without a thought for the actual slave labor which was used to produce such goods. Trying to save a buck here and there is important, especially in these extremely difficult economic times when we are all just trying to survive, but it is important to spare a thought for the thousands of workers squatting in sweat shops around the world, and barely earning enough to eat or feed their families.
We all know that there is free trade in the world, not in all parts but certainly in some. Free trade has been around for quite some time. Every country at one time or another has engaged in trade. It is essential for a nation to not only survive but to prosper. But before it was called free trade it had another name, and that was mercantilism that began in Europe in the 1500s. Even in the inception of free trade there were those that had their doubts about it. The economists during that time that believed in it believed trade was the reason why civilizations prospered economically. Adam Smith though that trade was the reason for the flourishing and not just the Egypt and Greece but also China. The Netherland