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Barrier costs are passed on to consumers and consumers are forced to buy more expensive domestically produced goods (Pros & Cons, n.d., Friedman, 2000).
• Competition: Competition encourages lower prices, efficiency in production, and innovation (Pros & Cons, n.d., Friedman, 2000).
• Functionalism: Cooperation in one area (such as trade) promotes cooperation in other areas. In theory, the drug problem, immigration problems, etc. can be more directly addressed (Pros & Cons, n.d., Friedman, 2000).
• Interdependence: Free trade leads to interconnections that make conflict too costly (Pros & Cons, n...
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Common topics in this essay:
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