Free trade
For protective trade to be based on mercantilism in the 19th century, it was advocated by British Adam Smith, Rickard, French Quesnay.
The profit of the free trade is planned by international division of labor (specialization to the comparative advantage), but the international division of labor that the profit of the trade is lost, and profit is in does not get up when the trade barriers such as duties are too expensive.
On this account it is thought that I perform a trade transaction freely by abolishing duties and can increase economic profit.
The two countries related to trade can profit so that the profit of the free trade is not an income move from one, and it is realized by economic total income increase.
By the process that shifts from the situation that international division of labor does not progress to the state that free trade and international division of labor are realized, switch of the industry structure of the national economy gets up without free trade being held.
The objection to the free trade is deep-rooted so that there is a case the industry of the specific comparison inferior level is bleached for severe competition then, and to decline.
About the criticism for the free trade, I refer to competition to the base and the anti-globalization.
WTO (World Trade Organization) establishes a rule of the business between the countries and tries now so that the state that is nearer to free trade is realized.
It may be said that free trade is a realized state on a global scale even if I look historically, but the free trade passes through the various history now.
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