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Critical Thinking Answer

Critical Thinking Answer

Q Is free trade same as fair trade? Discuss and define

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Before discussing whether fair and free trade are same, we must clarify what trade is, trade is a part of the business where buying and selling of goods are performed in both national and international level. This commercial activity is executed successfully by adhering to the policies and laws that govern the business. As well all know there exist many hindrances in a business like the government policies, the political scenario, prices of raw products and sometimes the unfavorable laws to eradicate this, free trade is implemented wherein the hindrances and policies are reduced.