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Free trade is a bad thing, for the richer country. So yes, bad for America, good for the world.
There's got to be a middle ground though for this one. |
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Yes it is, It is bad thing for other nations who can't make the products as well as others. That's
why I do not believe in Free Trade. |
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It depends on who you wish to support and what type of person you are. If you are a working citizen,
then free trade takes away American jobs. However, not having free trade may/probably will elevate
prices for consumers. This has a highly negative effect on retail businesses, especially because
citizens are feeling less wealthy than usual because of the sub prime mortgage crisis that currently
plagues markets and economies across the world. Therefore, if you are not a working citizen and more
of a consumer, then free trade will lower the prices of products, which will also benefit the
corporations who sell such items. |
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It depends on the trade. |
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It depends on the type of free trade. If everything else is equal, then certainly there's nothing
wrong with it, but since everything is not equal, since all countries involved do not have similar
economic structures, do not follow the same environmental laws, do not have laws against sweatshops
and child labor, there's no such thing as fair trade. Third-world countries can produce goods
cheaper because they do not have the same barriers that first-world countries do.
NAFTA was a very bad idea. |
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It is a bad thing to certain individuals in certain industries, but as a whole free trade generally
speaking helps America. |
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This is a tough one. At this moment in time it is hurting the US as far as good jobs go. On the
other hand, because of the weak dollar US exports are doing pretty well, unfortunately the US
doesn't export so much now.
The US was built through a free market and capitalism, now that it is working against the country
there is a rethinking on this idea. |
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Well I think that a lot of the people for this proposition are making some very interesting
arguments I think that it is also important to look at the long term effects for America.
By interlinking our markets with other abroad what it does is it allows us to stabilize our economy
better when we are having hard problems, because when we are not doing so well our purchasing power
goes down which makes it so that our products are cheaper than everyone else's, and stabilizes our
economies faster.
However, the only downside to this is that it limits and stagnates the amount of growth that our
country can achieve, primarily for many of the reasons stated above.
Also normalizing trade internationally allows us to be able to set up democratic and diplomatic ties
abroad, we can look to regional integration theory to prove that, and we can look to what is
occurring in China, when we lifted trade sanctions on them it allowed to be more democratic, and be
better friends with us.
Finally, I think that if you were to weigh out these two issues, it is always best to err on the
side of safety and having a stable economy than to want to have a risky one and potential for
growth. |
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04 Mar 2008 12:22
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