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Global Business Environment

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Should free trade always be fair? Provide an example of when free trade doesn't equate fair trade? IS it possible for free and fair trade to really exist? If so, give an example. If you do not think so please explain why.

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The response addresses the queries posted in 463 words with references.

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The response addresses the queries posted in 463 words with references.

//In the review paper, we will discuss about the free trade practices and the fair trade practices. Before proceeding with our findings, we will initially, define the both the terms and further discuss their relevance with the help of an example. We will start this paper by briefly describing the terms. //

The term free trade comes under the policy which permits the trader to conduct his business transactions without governmental intervention. It differs from the other trade practices, because in the other businesses, government intervention in the price and supply restriction increases the cost of goods and services for the consumers, as well as, the producers. Trade and tariff barriers are ...

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Ashish Sharma, MBA (IP)
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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