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JAHAN-E-TAHQEEQ · pp. 134-146

A Critical Review of Modern Free Trade: AnIndictment of the Exploitative MechanismBehind the Free Economy

ڈاکٹر محمد افضل
محمد عبداللہ

Abstract

While modern free trade has made the whole world a global village, it has also created

various economic, social and moral problems. Free trade culture is crushing the rights of

workers, indigenous peoples and small entrepreneurs to fill the coffers of multinationals. The

colonial powers used trade as 'State Diplomacy' to launch military campaigns against

underdeveloped countries. Artificial demand for goods is created through advertising in

electronic, print and social media. Due to the expansion of markets and the maximization of

goods, illegal means are adopted to increase the number of consumers. In order to sell their

weapons, developed countries wage wars among third world countries. Multinational

corporations destroy market freedom by artificially manipulating the natural forces of supply

and demand. Dangerous shocks are given to the economy of developing countries through

dumping and subsidies. Similarly, the transfer of technology is completely blocked by patent

and trademark restrictions. In this commercial culture, environmental protection is usually

not adequately organized. By establishing their own monopolies on the market, the people are

robbed. Because of this imbalanced free trade, most of the poor countries have turned into

consumer societies instead of producers.

Keywords

Free tradeMultinational corporationssupply and demandDumpingsubsidiesMonopoly.

Record

Identifier
https://doi-services.com/1103/1191
Published
2023-12-30
Version
1
Original
https://studentsconsultancyhome.com/jahan-e-tahqeeq/index.php/jet/article/view/1191
SHA-256
dc2dea22f3e0bc5fb140c46f5d196ea081e7e2c13cf1b831cf1bf84acf66068a
Archived
2026-10-30