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Give four reasons why free trade is not suitable to a developing country.

Answers

- Encourages dumping of low quality goods
- Threatens domestic industries due to unfair competition
- Denies government revenue as there are no duties
- May result to importation of harmful goods
- Leads to unfavorable B.O.P
- Government lack statistics on flow of goods in and out of the country
- Compromises a country‘s political ideology
- May cause mass unemployment
- Limits consumer choice
- Loss of opportunity to obtain cheaper goods

sharon kalunda answered the question on September 5, 2019 at 13:37

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