What is the main reason of opening the Philippines to world trade?

The main reason for opening the Philippines to world trade is to stimulate economic growth and development by increasing access to global markets. By engaging in international trade, the Philippines can attract foreign investments, enhance competitiveness, and create job opportunities. This also allows the country to diversify its economy and reduce reliance on domestic markets, ultimately improving the standard of living for its citizens. Additionally, participating in global trade can lead to technological transfer and innovation.