There are already about 400 free trade agreements in the world (including free trade agreements in the planning phase). They are intertwined in a complex way, creating a so-called “spaghetti effect”. In addition, negotiations are progressing to conclude multilateral free trade agreements, which are remarkable for their economic scale, the population they cover and the number of countries in which they are involved, but which are enormous. In addition to existing agreements, global economic partnerships are becoming increasingly complex and complex. Reality: U.S. trade deficits are generally good for Americans. The biggest criticism of free trade agreements is that they are responsible for outsourcing employment. In total, seven disadvantages are: while countries can specialize in certain goods, they can benefit from economies of scale and lower average costs; this is especially true for industries where fixed costs or investments are high. The benefits of economies of scale will ultimately lead to lower prices for consumers and greater efficiency for exporting firms. Essentially, free trade allows for lower prices for consumers, higher exports, benefits of economies of scale, and greater choice of goods. International trade is the modern framework for prosperity.

Free trade policy opens up new areas for competition and innovation. Free trade creates better jobs, new markets and more investment. Free trade spreads values and beliefs, as well as goods and services. Because international trade depends on traders to comply with their agreements, countries and companies are more accountable to each other and therefore more stable. “In a regime of free trade and economic free trade, it would be of little importance that iron be on one side of a political border and that labor, coal and blast furnaces on the other.