For countries that are dependent on their resources and lack developed industries, free trade does not promote efficiency. Free trade makes them overly dependent on their resources, which other countries are coming in and buying. This is because their domestic industries cannot compete with those of the developed world, so they have difficulty fostering sectors besides raw goods. They are forced to rely on supplying materials, rather than being able to build innovative industries. That does not offer efficiency, it just suppresses economies. For example Nigeria is dependent on oil for 95% of foreign exchange earnings and 80% of their budget money1. Trading oil is not making it a more diversified, sophisticated economy. 1 CIA World Fact Book, "Nigeria", CIA,