Nama : Nabila Syahadati Arsha

NIM : 042256785

Mata Kuliah : Bahasa Inggris Niaga

In the following I will outline my opinion on the first topic

Indonesia's decision to sign a free market trade agreement is very beneficial for the
Indonesian economy because the free market is a taxable economic exchange system.
The free market can open up economic opportunities by expanding the market. Products
that were originally produced to be sold domestically, can be sold overseas easily. The absence
of taxes makes the market wider because it is not limited by expensive international taxes. The
open market allows domestic producers to export goods in large quantities but with low export
costs. This makes the country have superior export commodities that can boost the economy.
The free market has the main function of increasing the economic activity of a region and
giving its people the freedom to conduct transactions without any coercion from the government.
The free market also functions as a source of information on the availability, demand, and prices
of goods, encourages business development, encourages human resource development, boosts
productivity, and improves the economy.
The holding of a free market aims to increase the income of the state as well as the economy
of its population. The broad market provides greater product demand for domestic producers.
The more market demand, the greater the economic growth that occurs. In addition, the wide
opening of the market invites foreign investors to set up businesses in the country.
Opening a new business or developing a larger business can provide employment
opportunities.
This can reduce unemployment and increase people's per capita income.