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...
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...
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...
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...
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...
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...
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? - 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...
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...
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 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...
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...
Logistics techniques for international trade
Dissertation - 12 pages - Logistics
Local companies have traded with foreign companies for many years. These business relationships may consist of the buying and selling of goods, but large-scale corporate buyouts and mergers play a role on the international stage as well. Before an agreement is reached between two (international)...
World Trade Business Game - Austria, Malaysia, Bolivia - Gas, Timber
Tutorials/exercises - 16 pages - Business strategy
This document is a comprehensive analysis of 3 country potentials in terms of international trade globally, and specifically in the timber and gas markets.
International Trade and Innovation: EU policy recommendations
Essay - 2 pages - International economy
Based on the current worldwide developments, explain what would be your policy recommendations to European governments and the European Commission with regard to globalization, international trade and innovation strategy.
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...
New Theories of International Trade
Essay - 7 pages - Theories and economic notions
Through this quotation from Joseph Stigltiz, co-prize winner of the 2001 Nobel Prize in Economics for his work on asymmetric information, we note the interconnection between countries that globalization brings about: with its advantages but also its disadvantages. A questioning of this process...
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...
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...
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...
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...
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...
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...
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...
International economics: The World Trade Organization
Thesis - 9 pages - Economy general
Pascal Lamy, General Director of the WTO recently said that “negotiations towards a conclusion to the Doha Trade Round are 70% complete”. Indeed, the WTO trade talks have not been efficient over the last few years. Lowering agricultural and industrial tariffs, reducing...
