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Location: International Trade
Discussion: Unilateral Free Trade
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Posted Anonymously |
Unilateral Free Trade
Mar 4 2008, 6:13 AM EST
The best thing we can do for the economy with regards to trade is forget these agreements and simply support unilateral free trade. Protection of industries costs us more than it gains - there are a few winners, but many losers.
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Posted Anonymously |
1. RE: Unilateral Free Trade
Mar 4 2008, 9:25 AM EST
I couldn't agree more. Unfortunately this will most likely never happen. So long as the leader of the US is democratically elected their agriculture will be heavily protected. And so will the agriculture in Europe and Japan. In the long run, all countries including these would benefit from completely free trade. But in the meantime the political loss would be too great. Not to mention the well-meaning but uneducated people who throw rocks at WTO meetings and free trade means exploitation. 2 out of 4 found this valuable. Do you? |
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Posted Anonymously |
2. RE: Unilateral Free Trade
Mar 5 2008, 1:02 AM EST
Yes, other countries don't want free trade, and the problem is that people conclude, "they don't follow the rules, why should we?"The answer is: even if other countries don't practice free trade, we would be better off if we did. 5 out of 8 found this valuable. Do you? |
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Posted Anonymously |
3. RE: Unilateral Free Trade
Apr 11 2008, 9:12 AM EDT
YES! Just buy their stuff Alas, in cases of totalitarian regimes (like China) the profits still go to the corrupt rulers rather than the people - but to do otherwise would hurt them even more,
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trgh |
4. RE: Unilateral Free Trade
Apr 17 2008, 8:45 PM EDT
I am currently working for yet another company who are in the process of moving their manufacturing to Asia.I shake my head in some emotion which includes things like shame, disgust, anger, and above all - pity. Exasperated - I can't find the right words. This loss of jobs, of independence, of personal achievement and responsibility - this is what unilateral free-trade brings us (especially when we keep the rules that others don't). It was Robert Fordyce Aickman (probably among others) who once said that "Equality is the great enemy of Quality" and this is true certainly of international trade and commerce. If you want total equality, then you have to reduce all quality to the lowest common denominator. Here there is no Distinguished Gentleman, no Honourable Philanthopist, no great women - we are all the same. Are you sure it's Equality you want? Do you find this valuable? |
