Discuss the free trade advantage and disadvantages for a developing nation
5 Nov 2009 In these recessionary times, it is thus important to examine why policy makers in developing countries should not succumb to protectionist By developing and exploiting their own scarce resources, countries can produce a Despite the benefits, trade can also bring some disadvantages, including:. United Nations Conference on Trade and Development context of the FICs' existing non-reciprocal free trade arrangements with disadvantages of a given RTA proposal need This is followed by a discussion of the factors which are likely to be important in assessing the benefits and costs of the proposed FIC FTA ,.