Since the end of World War II most of the first world countries eliminated protectionism and created free trade policies, a trend that is widespread internationally and is a consequence of globalization. World trade has grown enormously in recent years thanks to technological advances, most importantly the internet, that have significantly improved the speed regarding payments and negotiations. International trade allows greater mobility of factors of production between countries, leaving as a result many advantages. Economists believe that nations are better off with free trade than with policies that restrict
Since the end of World War II most of the first world countries eliminated protectionism and created free trade policies, a trend that is widespread internationally and is a consequence of globalization. World trade has grown enormously in recent years thanks to technological advances, most importantly the internet, that have significantly improved the speed regarding payments and negotiations. International trade allows greater mobility of factors of production between countries, leaving as a result many advantages. Economists believe that nations are better off with free trade than with policies that restrict