Free Trade
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ESSAY DETAILS
Words: 1953
Pages: 7
(approximately 235 words/page)
Pages: 7
(approximately 235 words/page)
Essay Database > Law & Government > Government & Politics
THE CASE AGAINST 'FREE TRADE'
This essay suggests that the concept of 'free trade' is fuzzily defined and
possesses both theoretical and practical flaws which render it unusable as a
rational basis of government policy making. [For alternative national trade
policies, see http://www/mkeever.com/essay]
'Free Trade' Defined
'Free trade' seems to mean that trade between countries occurs with no
government regulation or restraint. Or, in other words, no quotas, licenses,
taxes, safety
showed first 75 words of 1953 total
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showed first 75 words of 1953 total
showed last 75 words of 1953 total
or trample on local concerns while pursuing the lowest cost and widest markets possible. Sadly, some local governments actively pursue international companies by suppressing local practices which might cost more. Since exporting firms in global competition face basically flat demand curves, they must meet the price of the lowest cost producers or fail. Governments which support 'free trade' allow this to occur with resulting misery for their population. This is a legitimate ground for revolution.
or trample on local concerns while pursuing the lowest cost and widest markets possible. Sadly, some local governments actively pursue international companies by suppressing local practices which might cost more. Since exporting firms in global competition face basically flat demand curves, they must meet the price of the lowest cost producers or fail. Governments which support 'free trade' allow this to occur with resulting misery for their population. This is a legitimate ground for revolution.