John Stossel says the free market creates more winners than losers. Is it worth having free trade even if some people lose? Do we need restrictions on trade? Why or why not?
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Watch the video below and answer the following questions https://stosselintheclassroom.org/2017/04/25/free_trade_creates_prosperity/
1.) John Stossel says the free market creates more winners than losers. Is it worth having free trade even if some people lose? Do we need restrictions on trade? Why or why not?
2.) Explain “free market” and “free trade.”
3.) Is it wrong for companies to hire workers overseas instead of in our own country? Why or why not?
4.) What is a “trade deficit”? Do some research. Why does John say it’s not something to worry about? Do you agree or disagree? Explain why.
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