Is free trade preferable to protectionism?
Essay - 2 pages - International economy
In 2018, the United States increased its tariffs by almost $300 billion on imports, thus causing trade wars with China and Europe. This tariff barrier put in place by the former President of the United States, Donald Trump, is an offensive protectionist measure, that is to say a customs...
Towards a "Europe-puissance" or towards a free trade zone?
Course material - 8 pages - International relations
The development of the European Union, along the line of constant progress towards more integration, which more or less prevailed since 1950, appeared to stop suddenly in May 2005 with the French "No" to the so-called Constitutional Treaty. That problem has been solved, at least for now, with the...
Colon Free Trade Zone
Case study - 2 pages - Educational studies
In recent years, numerous governments about the globe have sought to provide financial incentives to investors. These incentives are tailored to attract investment and the growth of trade and thus benefit the local people. One of the methods they are currently applied to attract investment...
Feasibility of Proposed China-Australia: Free Trade Agreement
Thesis - 6 pages - Economy general
It is believed that it would be highly beneficial for the Australian Government to sign a Free Trade Agreement (FTA) with China. The negotiation of an FTA is a potential win-win situation for both Australia and China. Australia and China share a strong and rapidly mounting economic...
Mexico and the USA - A recent history framed by the North American Free Trade Agreement : the borderless economy in a "Neo-Monroeist" order ?
Essay - 7 pages - International relations
In 1994, the North American Free Trade Agreement (NAFTA) represented a turning point in the relationship between Mexico and the USA and was considered likely to resolve key bilateral issues. NAFTA was thus a sort of promising frame to achieve the benefits of interdependence in a...
Failures and benefits of free trade and the role of World Trade Organization (WTO)
Essay - 10 pages - Economy general
The free flow of international trade gained significance after the Second World War when the General Agreement on Tariffs and Trade (GATT) was tabled. The GATT was followed by the formation of the World Trade Organization (WTO) in 1995. The WTO was formed to establish...
North American Free Trade Agreement (NAFTA) and its consequences
Essay - 5 pages - Economy general
The agreement NAFTA (North American Free Trade Agreement) defines a free trade area of 430 million inhabitants trained by the United States, Canada and Mexico. Signed by the presidents of these three countries on October 7th, 1992 in San Antonio (Texas), the treaty...
Free trade in the global scenario
Thesis - 6 pages - Economy general
After the English Economist David Ricardo proposed the theory of comparative advantages, economists were confident of the superiority of free trade that they called it a 'law'. However, for the last twenty years, free trade has been questioned. This...
The completion of the wto free trade agenda will produce both winners and losers in the eu: to what extend do you agree? - published: 15/01/2009
Essay - 5 pages - European union
The World Trade Organization (WTO) is an international body, the purpose of which is to promote free trade by persuading countries to abolish import tariffs and other barriers. It has little by little become closely associated with globalisation. The WTO is the only...
Antidumping - The obstacle in free trade
Thesis - 2 pages - Social, moral & civic education
Many countries are hesitant to sign the draft agreement of World Trade Organization. There has been wide spread protests whenever the conference of World Trade Organization is held. Protests are carried out to demand tighter environmental standards for MNC's and developed countries...
The completion of the WTO free trade agenda will produce both winners and losers in the EU: To what extend do you agree?
Thesis - 5 pages - European union
The World Trade Organization (WTO) is an international body whose purpose is to promote free trade by persuading countries to abolish import tariffs and other barriers. As such, it has become closely associated with globalization. The WTO is the only international agency...
Critical review of free trade debates
Thesis - 5 pages - Economy general
George Grantham, a professor of economics at McGill University, used examples from manorial England to show that the Ricardian concept of comparative advantage through free trade was not applicable during the pre-industrial period. According to the author, the English economy was...
What are the advantages and disadvantages of free trade?
Thesis - 5 pages - Economy general
Trade is the exchange of goods and services between countries. Domestic goods, which are sold abroad, are referred to as exports. Foreign goods, which are purchased by domestic consumers, are known as imports. Free trade refers to trade, which is allowed to flow freely...
The review of WTO in free trade
Thesis - 4 pages - International relations
Many people would argue that there is no doubt that the GATT/WTO has been relatively successful to an extent in creating global free trade. The figures over their existence have shown a massive movement towards the globalization of markets and thus free trade. Between...
Make Trade Not War? - Philippe Martin, Thierry Mayer, and Mathias Thoenig (2008)
Text commentary - 6 pages - Economy general
In The Spirit of Laws, the French political philosopher Montesquieu wrote that "the natural effect of trade is to bring about peace. Two nations which trade together render themselves reciprocally dependent." This idea that trade leads to peace has been a guiding principle of...
Trade and international relations
Worksheets - 2 pages - International relations
We live on an international scene punctuated by globalization and the intensification of trade. We currently exchange more than we produce: a good is exchanged on average 1.4 times. In this perspective, trade (even if it is basically established between two companies) is a way for...
Memorandum - Free Movements of Goods
Law case - 5 pages - European law
"Dear Sir, As discussed, we revert back to you with respect to your request for legal opinion regarding the following matters: - whether a Member State can be said to have infringed EU law, in a case where it merely abstained from adopting measures necessary to remove obstacles to the free...
The case of free movement of goods
Law case - 3 pages - European law
On December 22nd, the Yellow Vests, a movement of demonstrators, organised several roadblocks on all French borders, including the border between France and Italy, the Mont Blanc tunnel. You would like to take legal actions against France for having failed to lift the roadblock to allow the...
British Petroleum Company - free market, Sustainable Management Futures
Case study - 5 pages - Educational studies
The free market theory postulates that there should be numerous participants within the same market engaged in the buying and selling of numerous and varied products. All such producers have the opportunity to take part in production activities and, therefore, share the profits present in...
The World Trade Organization (WTO) faces the challenge of sustainable development
Essay - 5 pages - Ecology & environment
The stakes by which the problems raise the concept of sustainable development, such as environmental protection and the fight against poverty, seems to represent an obstacle for further liberalization in trade as a factor in its favor. However, during the second half of the nineteenth...
A research proposal for the Masters Thesis; Environment and Trade in the Word Trade Organization
Essay - 9 pages - International relations
The global environmental issues include climate change, ozone depletion, marine dumping, deforestation, and biodiversity. However the objective of my thesis is not to provide detailed scientific treatment of the nature of the major environmental challenges facing the world , but rather to explore...
Specialisation
Tutorials/exercises - 4 pages - Economy general
Trade and foreign direct investments driven by specialisation and comparative advantages are controversial and provide arguments against free trade and capital mobility. Modern production of many products are produced in value chains that involves many countries, depending on...
The fair trade debate: Pros and cons and future prospects
Thesis - 5 pages - Business strategy
Although most people know readily know of Free Trade, relatively very few have heard of Fair Trade. That being said Fair Trade has been around for decades, in various shapes and structures. This paper will consider the overall Fair Trade debate, and consider...
Anti-dumping: A growing problem in international trade
Essay - 13 pages - Economy general
Since the signing of the General Agreement on Tariffs and Trade (GATT) in 1947, free trade has been widely adopted and has enabled countries to enjoy prosperity. It was aimed to foster free trade by reducing tariffs and by settling an international mechanism to...
Country Report - Indonesia
Case study - 20 pages - International economy
With a population of 273 million and a gross domestic product (GDP) 1 of approximately 1 050 billion, Indonesia is the fifteenth largest economy. Indonesia is currently relying on economic openness and free trade to catch up economically. It is aware that it has fallen behind its...
What is globalization?
Course material - 2 pages - International economy
Globalization is the process by which available goods and services, or social and cultural influences, gradually become similar in all parts of the world. It is the increase of trade around the world, especially by large companies producing and trading goods in many different countries. It...
Transition to free market economies - A study of Poland, Hungary and the Ukraine
Thesis - 17 pages - Economy general
The end of the Cold War reshaped the international political and socio-economic framework. Appurtenant to the fall of the Soviet Union's stronghold and control in Eastern European states was the move from planned economies to transition economies. However, whilst a central aim of these states was...
Toward a Popular Trade Regime
Tutorials/exercises - 4 pages - Services marketing
This paper aims to articulate a set of reforms that may bring the benefits of free trade to a wider populace, thereby increasing domestic support for and ethical merit of the free trade regime. Counter to the opinion above, I argue that the current form of...
The United States and the World: Globalization in Historical Perspective
Course material - 8 pages - Modern history
The concept of globalization is not new: in his Communist Manifesto, in 1848, Karl Marx underlined that the bourgeoisie needed constantly expanding markets. Some distinctions are important. Globalization happens, or at least is discussed, in the context of several different fields, in which it...
World trade organization: Understanding its implementation in India
Thesis - 14 pages - Economy general
After making this project I know many important fact about GATT & WTO's origin evaluation objectives principals functions decision making process, organizational structure which is really beneficial for me to know about the current scenario of global trade liberalization & various...
