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What are disadvantages of free trade to a country?

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Disadvantages of free trade to a country are;

  • Loss of government revenue in form of import and export duty on the goods being imported or exported.
  • Closing down of local industry as a result of cheap imported goods from member communities.
  • May cause unemployment where more qualified people move into the country from their countries.
  • Limited consumer choice that lead to lower standard of living.
  • Compromising a country's political ideology if pursuing different political ideology in order to fit in the bloc.
  • Loss of opportunity to obtain cheaper commodities from non member countries that forces consumer to buy goods produced in the bloc.
  • Importation of inferior goods

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