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Explain free market and free trade

Discussion Post

Watch the video "Does Free Trade Create Prosperity?" and answer the following questions:

• John Stossel says the free market creates more winners than losers. Is it worth having free trade even if some people lose? Do we need restrictions on trade? Why or why not?

• Explain "free market" and "free trade."

• Is it wrong for companies to hire workers overseas instead of in our own country? Why or why not?

• What is a "trade deficit"? Do some research. Why does John say it's not something to worry about? Do you agree or disagree? Explain why.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Marketing Management: Explain free market and free trade

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