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Major Benefits of Free Trade

Created on October 24, 2013

Major Benefits of Free Trade

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The nations of the world are divided into three groups based on their trade freedom score in the 2013 Index of Economic Freedom.

Keywords: trade, freedom, economic freedom, index, hunger, economy, GDP, environment, performance

Sources: Heritage Foundation calculations from the 2014 Index of Economic Freedom (forthcoming January 2014); Gross national income per capita: The World Bank, “GNI Per Capita, Atlas Method (Current U.S.$),” http://data.worldbank.org/indicator/ NY.GNP.ATLS.CD (accessed October 8, 2013). Figures based on 168 countries; Global hunger: International Food Policy Research Institute, “2012 Global Hunger Index,” http://www.ifpri.org/publication/ 2012-global-hunger-index (accessed October 8, 2013). Figures based on 118 countries; Environmental performance: Yale University, Center for Environmental Law and Policy, and Columbia University, Center for International Earth Science Information Network, Environmental Performance Index 2012, http://epi.yale.edu/ (accessed October 8, 2013). Figures based on 131 countries

Chart 3 • SR 146 • heritage.org

Article ID: tradefreedom2014