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Also if country imports little utilizing the majority of the products created it economy can easily become dependent. In this situation an increase in imports could very well be disastrous causing business that are unable to compete with imported products and to stop operating, and a potential spike in unemployment if they.
In addition, while free trade can increase trade, if trade increases too much, it could cause a decrease in the demand leading to a decrease in price for a product from a particular developing country because of competition from imports. If this country mainly specializes in that particular product or industry, it could result in many workers losing their jobs and/or the country losing money because of the need to lower prices...
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Common topics in this essay:
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