Economic liberals argue that free trade and open markets on an international scale will create

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Economic liberals believe that free trade and open markets will promote economic development for all states involved. This is because the removal of trade barriers and increased competition can lead to greater efficiency, specialization, and innovation, which can boost productivity, growth, and job opportunities. Moreover, by allowing countries to specialize in what they are comparatively better at producing and trading, free trade can lead to greater consumer welfare, as people can access more diverse and affordable goods and services. While some economists argue that free trade can create winners and losers within and among countries, economic liberals generally believe that the benefits of free trade outweigh the costs and can be mitigated through policies such as redistribution, education, and social protection.

Economic Liberals Argue That Free Trade and Open Markets on an International