Free Trade + Malaysia

While free trade seems like the answer to the world's current economic problem, one has to be careful too on its implications. When the developed nations(read Western nations) talk of free trade, they mean they want free trade in areas where they have a comparative advantage eg, high tech products, financial institutions(unfortunately not now anymore!!)etc, etc. There are always barriers(other than tariffs) which the developed societies put for goods to enter their own countries.for example, barriers in that the goods are produced by 'slave labour'(read you can produce it cheaper than us). Huge subsidies are given to farmers(in developed nations) to produce food which could be produced cheaper elsewhere .This is not in line with the concept of 'free trade' for giving subsidies to their own farmers is akin to putting tariffs on imported foods that are produced cheaper elsewhere. So, for the rich , more developed nations, it's a case of "If we have a comparative advantage in a product, yes its free trade for us to sell to you. But, if we can't produce it cheaper than you , that's because you use slave labour or it's a security issue and hence should not be covered by free trade concepts!"
I think Malaysia must be careful to take care of our own national interests and not willy nilly sign ourselves into 'free trade'. For me, it should not just be Free trade but Fair Trading too.