Argument: Free trade is better for consumers

Support

• James K. Glassman. “Trade Briefing Paper no. 1 The Blessings of Free Trade”. Center for Trade Policy Studies. May 1, 1998 – “Trade is obviously a huge benefit for consumers–that is, individual buyers. And, says Adam Smith, what is better for consumers is always better for an economy.”

• Marian L. Tupy. “Free Trade Benefits All”. Washington Times, January 3, 2006 – “(3) Trade allows consumers to benefit from more efficient production methods. For example, without large markets for goods and services, large production runs would not be economical. Large production runs, in turn, are instrumental to reducing product costs. Lower production costs lead to cheaper goods and services, which raises real living standards.”

• “Wal-Mart and Woods’s Law”. Christopher Westley, LewRockwell.com. August 28, 2006 – This article argues that Wal-Mart, a company that exploits free trade and NAFTA more than almost any other company, is bringing the benefits of such free trade agreements to poor and middle income workers through lower prices.

See also

• Free trade increases the purchasing power of consumers