Market liberalism asserts that every country -no matter how rich or poor- enjoys a higher standard of living with trade than it can achieve without trade.

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Market liberalism, also known as free trade, promotes the idea that opening up economies to trade benefits all countries, regardless of their level of development. It argues that through specialization and comparative advantage, countries can produce goods and services more efficiently and at lower prices, leading to increased economic growth, job creation, and higher standards of living for all. However, there are also critics of market liberalism who argue that it can lead to job losses, widen income inequality, and harm the environment.

Market Liberalism Asserts That Every Country -No Matter How Rich