Tuesday, June 9, 2020

Is Free Trade Fair Trade Research Paper - 1650 Words

Is Free Trade Fair Trade? (Research Paper Sample) Content: WritingIs Free Trade Fair Trade?Customers NameCustomers Grade CourseCustomer tutors Name Abstract From the history of the world, there has ever been the need of having the entire globe engaged in forms of trade which have the ability of increasing their performance and operations thus improving their development in terms of economy. This had been suggested in form of a free and fair trade which was aimed at ensuring that all nations would engage in useful business and trade operations. However, there have been divergent views with the issue as majority of the people do argue that the present free and fair trade operations have never in the least been fair. This paper gives a succinct discussion and analysis on how such trade has not at all been any fair. IntroductionMany nations have always been agitating for free and fair trade. Free and fair have been two words which have been used together more often than not. For instance, people have always been talking about fa ir and free elections. While free and fair trade has been used together, they have been seen to have varied meaning. The very loose of alliance with the anti-globalization and very protesters of fair-trade have been arguing for new measures since there is so much uncertainty with the so-called fair trade (Henry Stiglitz, 2007). To most of these protesters, the issues of free trade have been nothing else but a mere conspiracy in which the rich nations have been getting richer in which the poor nations have been on the expense, and have continued to become poorer and poorer. For instance, the World Trade Organization has been as an organization which has been setting strict rules which do not really favor all nations in the name of a global fair trade.Is Free Trade Fair Trade?From the history of nations, there was the need of having a free trade in which all the nations across the world were about to benefit in the greatest. In that case, the need was in coming up with proper measure s which would see different means and modes of engagement thus cutting off all the barriers which had been facing the earlier trade functions. So as to have free trade, the tariffs, subsidies, and taxes had to be eliminated thus making it possible to have different nations engaging in such kind of trade (Henry Stiglitz, 2007). However, it has been proved beyond a shadow of doubts that the new form of engagement with this free trade has never been free at all due to the double standards which have always been put in place. While the world trade organization has been having the role in promoting such a free trade, different measures put in place by different developed nations have continued to make this form of trade unfair.There has been an increase in protesters who are after making sure that this issue of unfair global trade has been addressed. With historical developments, the developed nations have been greatly taking unnecessary advantage with the free and fair trade in which t hey have been utilizing a number of internal subsidies which protect their own people and at the same time exploit the undeveloped nations. In the so called free trade world, the current protesters have always claiming that this fair trade has been nothing better but a plot which has been aimed in developing the world having natural resources while wrecking the environment. On the contrast, a number of liners and laissez-faire ideals and thinkers have been against the free trade.Basically, the international fair trade is a form of trade which has no interference from any form of tariffs, prices, subsidies, and controls which have no influence on the logistics and operations on the trade operations (Murray Raynolds, 2007). While having the free trade, the aim has been in coming up with a new prosperity. For the years the free trade has been in place, therein have been a number of problems which have been faced when trying to proof and judge whether this free trade has been fair. Lik e what socialism has been, it has led to very many problems in which the poor hardly ever been put into practice wholeheartedly; purists have to look back to Hong Kong in the 1960s for an countries have continued have continued to get oppressed (Henry Stiglitz, 2007). Different nations have come up with their own dictated subsidies which have been able to see them protected while still engaged in the free trade (Ransom, 2001). The other nations have not been given such protection in their trade operations, and therefore their engagement in the trade operations have not been giving them the necessary profits like their counterparts in the other nations. This has been one major reason why most of the third world nations have been keen in coming up with new measures and adoptions which can promote trade operations and make the global trade fair enough. Without addressing this big issue, it is something very true that the current engagement within the global free trade has not been fa ir they way it ought to be. Majority of the business and trade participants have been doing this in order to benefit as much as they can. When such people fail to achieve better profits for engaging in such business activities, it becomes something very damaging, and thus calling for newer approaches in which the trade has to be made much fair and effective for all (Murray Raynolds, 2007). For instance, about two-fifths of about all the entire budget for the European Union have been going ahead on subsidizing the farmers while putting the food producers in all parts of the globe at a very unfair and unwelcoming disadvantage (Ransom, 2001). On the other hand, the American farmers and others in the developed nations have been protected by the subsidies which have been regulated in their nations. This practice of subsidies have been comfortably protecting such individuals and thus failing to give the necessary similar addressing for the exporters from other nations. While the greatest concern in the global trade has been in making it very fair and ensuring all people have been able to benefit from it, that has not been achieved since majority of the players have failed to engage in a truly fair trade. When the globe has agreed to come up with a free and a fair trade, and some nations impose subsidies aimed in protecting their own people, it becomes something untoward since the system becomes compromised with no much gains expected to them. Basically, majority of the developed nations have not been making the trade fair as it has to be. This has seen the United States and other developed nations in the European continent totally protecting their people, and at the same time failing to protect the traders from the other nations. When people have been engaged in such trade operations, and the mechanisms do not protect them, it becomes very hard to agree that such a trade has been free (Murray Raynolds, 2007). The producers of fo...