India's Free Trade Agreements - A Boon or a Bane Countries enter Free Trade Agreements because there are multiple benefits associated with FTAs. It will increase efficiency, It also increases the allocation of resources. It also helps to gain access to goods that cant or will not be produced domestically. The international competition, the increased technology transfers, the ensuing economies of scale all lead to lower prices, increase on consumer choices and also increase economic growth. https://www.boloji.com/articles/55247/indias-free-trade-agreements--a-boon-or-a-bane