What is South concern about free trade agreement?

Loss of jobs: One of the biggest concerns of the South about free trade agreements is that they could lead to the loss of jobs. This is because countries in the South typically have lower labor costs than countries in the North, so businesses may be tempted to move their operations to the South in order to take advantage of these lower costs. This could lead to job losses in the North.

Lower wages: Another concern is that free trade agreements could lead to lower wages in the South. This is because countries in the North typically have higher wages than countries in the South, so businesses may be tempted to pay lower wages to their workers in the South in order to stay competitive. This could lead to a decrease in wages for workers in the North.

Increased environmental degradation: Free trade agreements could also lead to increased environmental degradation in the South. This is because countries in the South often have less stringent environmental regulations than countries in the North, so businesses may be tempted to move their operations to the South in order to avoid complying with these regulations. This could lead to increased pollution and environmental degradation in the South.

Loss of sovereignty: Some in the South also worry that free trade agreements could lead to a loss of sovereignty. This is because free trade agreements often require countries to give up some control over their trade policies in order to gain access to the markets of other countries. This could limit the ability of countries in the South to make decisions about their own economies.

Overall, there are a number of concerns about free trade agreements that are shared by the South. These concerns include the loss of jobs, lower wages, increased environmental degradation, and a loss of sovereignty.