FREE TRADE AND PROTECTIONISM ——FAIRNESS AND EFFICIENCY PROBLEM

Nowadays in the world,free trade has become the mainstream of the world economy;it is the main topic among countries to lower the tariff and non-tariff barrier during the bilateral and multilateral discussion.The debate of Free Trade and Protectionism has lasted for a long time.It is limited to use the Compensation Principle to solve the question of the efficiency of free trade and its following question on unfairness.So it is essential to analyze the policy choice between free trade and protectionism.To solve the question on unfairness in free trade,we have three angles: the government makes principles,consummating social welfare and establish the standard of social morality.