Anshika Sharma India 3k Questions 2k Answers 3 Best Answers 4k Points View Profile0 Anshika Sharma Asked: June 13, 20202020-06-13T15:19:47+05:30 2020-06-13T15:19:47+05:30In: Stock MarketWhat Are The Disadvantages Of Free Trade ?0 What Are The Disadvantages Of Free Trade ?gk ShareFacebook2 AnswersVotedOldestRecentnitish777vaish Lucknow, India 13 Questions 178 Answers 0 Best Answers 176 Points View Profile nitush777vaish Added an answer on June 13, 2020 at 3:25 pm Free trade have no value to our life because a professional never gois for free ttade and a beginner ( if determined(1/10) ) can have great benefit otherwise its totally time waste must do play ludo with family😂0Reply Share ShareShare on FacebookShare on TwitterShare on LinkedInShare on WhatsAppAnshika Sharma India 3k Questions 2k Answers 3 Best Answers 4k Points View Profile Anshika Sharma Added an answer on June 13, 2020 at 3:20 pm Unrealistic Policy: Free trade policy is based on the assumption of laissez-faire or government non-intervention. Its success also requires the pre-condition of perfect competition. However, such conditions are unrealistic and do not exist in the actual world.Non-Cooperation of Countries: Free trade policy works smoothly if all the countries cooperate with each other and follow this policy. If some countries decide to gain more by imposing import restrictions, the system of free trade cannot work.Economic Dependence: Free trade increases the economic dependence on other countries for certain essential products such as food, raw materials, etc. Such dependence proves harmful particularly during wartime.Political Slavery: Free trade leads to economic dependence and economic dependence leads to political slavery. For political freedom, economic independence is necessary. This requires abandonment of free trade.0Reply Share ShareShare on FacebookShare on TwitterShare on LinkedInShare on WhatsAppLeave an answerLeave an answerCancel reply Featured image Select file Browse Save my name, email, and website in this browser for the next time I comment.