Are Free Trade Agreements (FTA) Always Good For Both Countries Involved?

Many important issues regarding a free tradegovernments, and the state government may
agreement are often overlooked or misunderstood.choose not to enforce some sections of an FTA.
Taking Thailand as an example, the government andAlso, besides the Thai government and a few
the negotiator teams always emphasize that Thailandofficials no one knows the details of the agreements,
will benefit from the deals by obtaining a lower tariffand the public has been kept in the dark. Some Thai
rate. Presently, the average import tariff rate on thesectors, like the transportation sector, will be hit hard,
US is only 3.4 percent. The real barriers are in theas foreign companies have a more funds and better
non-tariff measures such as contingency protection,technology. Overall, free trade agreements are not
technical measures, subsidies and rules of origin, notalways fair and don't offer equal benefits to both
the tariff measures. Moreover, under the constitution,parties, so the government and the public should be
Thailand is a single state. Thus any deal will enter intoaware of these discrepancies and integrate them into
force for the entire area. This is different in the US,their decisions.
as it has both a federal government and state