The free trade debate has been a long and very much politicized one since its conception, with people split up into camps such as "Economic Liberalists" and "Neo-Mercantilists". Whether or not to impose a free trade system between countries has caused much fear and confusion within the public. Will free trade be beneficial to all or will it cause unemployment in developed countries? Will it cause entire domestic industries to crumble under the pressure of …
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showed last 75 words of 1616 total
…all the fuss is really about. References: Ellig, J. 2000. "Why Free Trade is Good for Consumers", Consumers' Research, January: 19-23. Hamilton, C. 2002. "The Case For Fair Trade", Journal Of Australian Political Economy, 48: 60-72. Hetzel, R.L. 1994. "The Free Trade Debate: The Illusion of Security Verses Growth", Federal Reserve Bank of Richmond Economic Quarterly, 80(Spring): 39-58. Lukas, A. 2000. "WTO Report Card III: Globalization and Developing Countries", http://www.freetrade.org/pubs/briefs/tbp-010es.html: 1-19.