The Importance of Free Trade

Day 2
Session 1
10:20 AM

This lecture will examine the importance of free trade. It will begin by looking at the conditions in which free trade benefits countries and by explaining why protectionist interests are still so prominent in politics. The course will then examine the implications of free trade for prosperity in less developed and more developed countries. The idea that developing countries need to protect their industries in the early states of development will be examined.


Philip Booth, Ph.D.

Professor of Finance, Public Policy and Ethics and Dean of the Faculty of Education, Humanities, and Social Sciences
St. Mary’s University, Twickenham
Philip Booth Headshot