Hey there! 🌟 Did you know that free trade is super important for the world economy? It’s so important that Yves Leterme, the former Prime Minister of Belgium, says it’s like oxygen for our economies! 😮
Just like we need oxygen to breathe, countries need free trade to grow and thrive. Over the past few decades, when countries traded freely with each other, amazing things happened! There was tremendous economic progress, which means people’s lives got better in many ways. 📈
Mr. Leterme warns that we shouldn’t make mistakes that could turn this back. That means we need to keep trading freely and not put up barriers. He says that protectionism—which is when countries try to protect their own businesses by making it harder to trade with others—is not the answer. 🤔
He also reminds us that economic growth isn’t a zero-sum game. That’s a fancy way of saying that one country’s gain doesn’t mean another country’s loss. Instead, when countries trade and grow together, everyone can win! 🎉 It’s full of win-win opportunities!
So let’s remember, free trade helps connect the world and makes life better for people everywhere. 🌍❤️
Reference(s):
cgtn.com