StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Can free trade withstand recession - Dissertation Example

Comments (1) Cite this document
Summary
The major question under discussion and evaluation is “Can free trade withstand recession?” Fair trade is expected to increase the purchasing power of consumers and thus the demand for goods and services and hence will reduce intensity of negative effects of recession…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.1% of users find it useful
Can free trade withstand recession
Read Text Preview

Extract of sample "Can free trade withstand recession"

Download file to see previous pages Demand for fair trade during recession 4.1 Consumer buying behaviour during difficult times……………………………25 4.2 how will a prolonged recession effect the fair trade movement………………26 References……………………………………………………………………………27 Introduction: Fair trade is said to increase the level of economic activities within as well as across national boundaries. This provides greater levels of economic and financial advantage to national as well as international suppliers of goods and services and also increases the profit earning ability of these suppliers. This reduces costs of purchasing various goods and services both in national and international markets. Fair trade is expected to reduce the price elasticity of demand of various goods and services and also to affect the altruistic behaviour of consumers. During the period of recession or economic and financial crisis practices related to fair trade is expected to reduce the negative economic impacts by increasing the volume of demand and thus production and income. By controlling international prices for various goods and services fair trade practices are expected to make significant effects on economic policies used for preventing recession. But there are also some obstacles which are created by recession on fair trade practices. This paper is aimed at providing an answer to the question that whether fair trade can withstand with recession or not. 1. Fair Trade 1.1 What is fair trade? “Fair trade is a trading partnership, based on dialogue, transparency and respect that seek greater equity in international trade. It contributes to sustainable development by offering better trading conditions to, and securing...
This paper is aimed at providing an answer to the question that whether fair trade can withstand with recession or not. Fair trade is said to increase the level of economic activities within as well as across national boundaries. This provides greater levels of economic and financial advantage to national as well as international suppliers of goods and services and also increases the profit earning ability of these suppliers. This reduces costs of purchasing various goods and services both in national and international markets. Fair trade is expected to reduce the price elasticity of demand of various goods and services and also to affect the altruistic behaviour of consumers. During the period of recession or economic and financial crisis practices related to fair trade is expected to reduce the negative economic impacts by increasing the volume of demand and thus production and income. By controlling international prices for various goods and services fair trade practices are expected to make significant effects on economic policies used for preventing recession. But there are also some obstacles which are created by recession on fair trade practices. The dimension of free trade arose with the development perspective of the excluded and disadvantaged producers with a view to promote sustainability to them and achieving better trading conditions. Fair trade is a concept arising from the realms of free trade. Therefore before elucidating the concept of fair trade a short discussion about the notion of free trade entails some necessity. ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Can free trade withstand recession Dissertation”, n.d.)
Retrieved from https://studentshare.org/business/1396220-can-free-trade-withstand-recession
(Can Free Trade Withstand Recession Dissertation)
https://studentshare.org/business/1396220-can-free-trade-withstand-recession.
“Can Free Trade Withstand Recession Dissertation”, n.d. https://studentshare.org/business/1396220-can-free-trade-withstand-recession.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
sa
sandy90 added comment 1 year ago
Student rated this paper as
I didn’t know how to start my document. "Can free trade withstand recession?" helped me out a lot! Especially the list of content was valuable.

CHECK THESE SAMPLES OF Can free trade withstand recession

The Role of the World Trade Organization in Globalization

The protests according to the President of Mexico came from people who were either ignorant of the exact situation despite having a genuine concern and hence were swayed by emotions or by those who had become insecure in their jobs with globalization.
WTO claimed that the first charge was a misconception. It claimed that it opposed measures that use environmental protection as a guide for the protection of domestic industries against foreign competition and not to the measures to protect the environment as the allegations suggested. WTO debated that under its rules, environmental protection measures are prohibited only if those measures treat foreign producers more harshly than domestic producers. It was later found as seen i...
10 Pages (2500 words) Coursework

Why a Free Press is Important for a Liberal Democracy

“Why, for instance,” he is credited as having continued along these same lines, “should it be said that liberty of the press shall not be restrained when no power is given by which restrictions may be imposed? (136)” Hamilton’s argument was lost to the states, and the first ten amendments of the Constitution reflect the state’s insistence for a Bill of Rights, and first on the Bill of Rights is the right to free speech (137). Neither Hamilton, who was during his life a proliferate letter writer, expressing his views on every subject of the day and many which were not subject to discussion at all (Hamilton 1911, 62); nor the represents of the states who held out against ratifying the Constitution...
7 Pages (1750 words) Report

International Trade: Warsaw Convention 1929

From time immemorial, humans have always organized or segregated into different structures like countries, communities, organizations, etc. Among these different structures, the organizations and its employees undertake activities through which they produce products. After humans’ and machines’ role in producing products, transportation only comes into the picture and transfers the manufactured products to their destinations as a form of International Trade. So, International transport compliments International trade perfectly, and vice versa. This correlation between International transport and trade is governed by a set of rules and regulations, being followed consensually by most of the countries of the world. These...
7 Pages (1750 words) Term Paper

International Trade Theory

 Further to this, it is also believed that international trade can bring substantial economic welfare to the countries however still most of the countries do not view it as a favorable thing. Despite having a very promising and bright outlook, international trade has been largely viewed with suspension and it is because of this that governments impose barriers to restrict international trade. There can be many reasons behind this act of imposing restrictions or blocking international trade however there are also benefits on the other side too.

International trade has driven the attention of many of the brilliant minds in economics therefore the origins of the economic theory on international trade owe much to the c...
6 Pages (1500 words) Case Study

Air Pollution and Cardiovascular Disease: Bullish Business Long-Run Trade-Off

Increased concentrations of effluents in the air were found to have particularly been emitted from motor vehicle exhausts, industrial factories, and other burning or combustion activities of Australians (Bartnett et al. 2006). Practically, any engine that utilized fossil fuel is known to be emitters of these effluents in addition to other activities that require burning of materials as have been broadly argued by different concerned sectors for the minimization of its usage, as well, finding alternatives which could be biodegradable fuels.

Air is humankind’s natural source of respiratory Oxygen. Its preservation may have been openly disregarded so that the current generation has to face up to the maintenance of it...
12 Pages (3000 words) Term Paper

The Trade Union Movement in the UK

Before the ERA 1999, union membership and recognition in the UK were characterized by voluntarism, in which employers and employees could bargain over the terms and conditions of employment without any legal interference. With the statutory system ushered in by the new law, voluntary recognition of unions is no longer allowed and it becomes unlawful for British employers to deny recognition to unions under any circumstances. That conveys the impression that ERA created a radical change in British industrial relations. This paper takes the contrary view, however, and proposes that while the new industrial relations law looks revolutionary in principle, there are no fundamental changes in actuality for the change to qualify as &ldqu...
8 Pages (2000 words) Case Study

The Great Recession and France

Some countries have pushed for an international consensus on issues of concern to all. France, which has suffered severely from the crisis, with an economic contraction and rising unemployment, has tried stand in opposition to the UK and the United States both of which believe minor financial regulations can alter and improve the situation—France would like to see more wide-ranging reforms accomplished through the increased unification of Europe. Efforts to deal with the crisis have led the French government to seek out more partners in Europe and try to push Europe wide reforms and a sort of European (as opposed to American) new capitalism. The government of Sarkozy has criticized British tax cuts and suggested the key to g...
8 Pages (2000 words) Coursework

Macroeconomics and Trade Policys

Keynes argued that prices and wages do not determine the level of employment, as many classical economists suggested, but instead the level of aggregate demand for goods and services (Case & Fair 683). Keynes realized as well during the Great Depression that the government could intervene in the economy to attain specific employment and output goals by either increasing or decreasing taxes and government spending.

For example, raising taxes will decrease the disposable income of households and thus effectively decreasing consumption. When the government decreases consumption, the household demand for goods and services decreases thus it would only seem reasonable that the amount of output that the economy would also...
7 Pages (1750 words) Article

Comparison of the Political Orientation of Trade Unions

Austria or you may call is the Republic of Austria in official terminology is located in Central Europe. Although the population figures do not touch the danger limit but the talent and resources are worthwhile there. Germany and Hungry are also near this region. Italy is in the south of Austria. Switzerland will be seen in the west. So, now you can realize the importance of this region clearly.
The GDP is also impressive here. You can say the economy is strong and it has much depth. The strong social market economy is the result of development and proper management by the government (DArt & Turner 2008). Traders find flexibility in business operations. Labor has a positive approach to work and jobs.
There was a tren...
9 Pages (2250 words) Term Paper

The Notion of Free Will on Understanding of Crime Causation

They, therefore, believe that internal and external factors affect the chances of a person being subject to a crime. The situation at which a person commits a crime also forms the basis of the determinist approach of causes of crimes.
Several theories elaborate on the factors that dispose of different people toward crimes. The classical theory explains that crimes occur when their benefits outdo the costs or consequences of the crime. The theory of Routine Activities suggests that a crime likely occurs if a motivated offender finds an attractive target and no appropriate guardianship in place. Various biological factors also influence the causes of crimes as evident in the discussion.
One of the major assumptions of the...
8 Pages (2000 words) Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Dissertation on topic Can free trade withstand recession for FREE!

Contact Us